SPDR Gold Trust (GLD): Q4 gold demand grew 4% (+47t) to 1,117.7...

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SPDR Gold Trust (GLD)

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Re: kschleg post# 3333

Thursday, 02/25/2016 10:15:32 AM

Thursday, February 25, 2016 10:15:32 AM

Q4 gold demand grew 4% (+47t) to 1,117.7t.
Central bank purchases (+33t) generated much of this growth. Demand was weaker for both jewellery (-6t) and technology (-6t).

Mine production (-16t) fell for the first time since 2008 andrecycling continued to shrink.

http://www.gold.org/supply-and-demand/gold-demand-trends

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