FXstreet

World Gold Council, the market development organization for the gold industry, recently released their Gold Demand Trends Q1 2018 report.

According to the report, stock market volatility sparked US inflows, but outflows in other regions. This kept gold prices muted and left investors lacking confidence on prices, weakening demand for gold. Other key highlights of the report include gold bar and gold coin demand falling 15%, a decline led by China, Germany, and the US. In addition, jewelry demand’s strength in the US and China offset a weak quarter in India.

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