Gold demand hit records as price soared: Industry data
AFP | Paris
Email : editor@newsofbahrain.com
Demand for gold hit a record high in the third quarter as the the precious metal’s price hit all-time highs on geopolitical unrest, industry data showed yesterday.
Total demand grew three percent year-on-year in the July-September period to 1,313 tonnes, the World Gold Council said, as the metal perceived as a safe haven investment benefitted from the Russia-Ukraine war and the Israel-Gaza conflict.
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