Relevant:
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- WGC: Huge demand for physical gold has more than countered ETF sales
- Gold Demand In One Chart: Physical vs ETF | Zero Hedge
2011-11-17 — zerohedge.com
``Gold Demand Trends (Q3 2011) released today by the World Gold Council (see commentary) shows that investment and central bank demand for gold were key drivers of total gold demand last quarter. Third quarter gold demand increased 6% year on year to 1,053.9 tonnes with investment demand rising a significant 33% y/y to 468.1T.'' -- Investment demand is now the largest category of gold demand.
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