Global Gold Demand Falls 11 Percent in Third Quarter

Mining Weekly reported that in its latest report, the World Gold Council  that worldwide demand for gold dropped by 11 percent in the third quarter of 2012.

As quoted in the market report:

Bar and coin demand fell 30% to 293.3 t; however, demand for exchange traded funds, and similar, jumped 55% to 136 t, illustrating “differing sentiments among various investor segments”, the report pointed out.

To view the whole Mining Weekly report, click here.