As per the WGC, the gold ETF outflows were primarily driven by Asia and North America, which saw amounts worth USD 12 billion and USD 11 billion, respectively...
Some central banks are also buying gold from small-scale domestic producers to support the local industry and to stop those gold sales from going to bad actors...
Melting equities and depreciating rupee have left no other option for the investor fraternity but to park their funds in bullion. 19th August 2013 Gold on Saturday scaled an eight month high of $503.62 per 10 grams on strong buying trends after stocks and money markets melted. Gold rose by $11.06 to $501.67 in Kolkata,...