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Gold Demand Increasing

The Bullion Desk this morning reports that world gold consumption grew for the first year in four in 2004 as economic growth in India, the US and China spurred demand and as investors sought to hedge against a declining dollar. Consumption grew as much as 8 percent to 2,725 tons from 2,524 tons in 2003 after three years of decline.


Posted by Barry Gutwein on February 2, 2005 10:02 AM in Precious Metals | Comments (0)

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