Goldbricking Consumers

According to London's Daily Telegraph demand for gold has fallen to a six-year low, and jewelry buyers and electronic producers might be to blame. Buyers of jewelry are the main drivers of the gold prices, accounting for more than 50 percent of consumption. In the last quarter, buyers pulled out of the market and volumes dropped 22 percent.

According to London's Daily Telegraph demand for gold has fallen to a six-year low, and jewelry buyers and electronic producers might be to blame. Buyers of jewelry are the main drivers of the gold prices, accounting for more than 50 percent of consumption. In the last quarter, buyers pulled out of the market and volumes dropped 22 percent.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish