Photo: ReutersLondon: Soaring gold prices have pushed out some of the biggest buyers. Jewellry demand plunged 21% in the third quarter, taking the year-to-date total to the lowest level since 2009, according to a report from the World Gold Council. Central banks bought almost half as much gold as a year earlier. The council also cited a survey showing more central banks are considering increasing holdings of gold over the next three years. Scrap supply rose 30% to 340.9 tonnes in the quarter, council data showed.

Source: Mint November 08, 2016 14:49 UTC