Replies to post #3328 on SPDR Gold Trust (GLD)

[~ Blue ~]

GOLD heading to 2000 dollars per ounce

[~ Blue ~]

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