Tag Archives: chinese gold demand

Gold Up $30/oz in Two Days, WGC Claims Demand is Down 1%

Is it a coincidence that just as gold breaks through the key mark of $1225, the World Gold Council releases their latest report on Q1 global gold demand– indicating a decrease of 1%? If the price of gold is going … Continue reading

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ANZ Predicts Gold Will Hit $2,400/ounce

The Australia & New Zealand Bank (ANZ) issued a report this week predicting that gold demand in Asia will double in the next 15 years and with it, so will the price of gold.  The report was authored by two … Continue reading

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World Gold Council Continues to Misreport Chinese Gold Demand

The WGC is once again trumpeting its flawed estimates for China’s quarterly gold demand, reporting that the country experienced an absurd decline of 38% for Q3 of 2014. The World Gold Council goes further to say that despite this decline, … Continue reading

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