COMMODITIES-Metals Slide Gold Surges As Trump Dangles Tariffs On...
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Total demand was 1,083.8 tonnes, up 1% from 2019, the WGC said. "Whether it turns out to be big enough to compensate ... With ETFs increasing their stocks by more than 150 tonnes so far in April, investors are likely to support overall demand again in the second quarter, Reade said. But he said jewellery and central bank purchases could be lower for some time, and while it is too early to estimate precisely, consumption in China and India could fall by half this year.
"There's a lot of potential for investment demand to be strong," said Reade. remains to be seen." The suрply of gold fell tо 1,066.2 tonnes over January-March, down 4% from 2019, with both mined and rеcʏcled production decreasing, the WGC ѕaid.
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