Q2 gold consumption -7% to 990 tons, the lowest since Q1 2010 and dragged down by India and...

|By:, SA News Editor
Q2 gold consumption -7% to 990 tons, the lowest since Q1 2010 and dragged down by India and China, the World Gold Council says in its latest report. Jewelry consumption -72.3 tons to 418.3 tons, investment -88.3 tons to 302 tons. The WGC's Marcus Grubb still expects demand to grow for the full year, although much depends on central banks and macro conditions, particularly India.