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Gold demand to hold firm in H2: WGC

Despite a recent drop in bullion prices, gold demand will hold firm in the second half of the year against the rising spectre of inflation, with institutional investors gearing up to increase their allocations, according to the World Gold Council’s H2 outlook.

Oonagh Reidy
Gold demand will hold firm in the second half: World Gold Council

Gold demand will hold firm in the second half: World Gold Council

The gold price has fallen 6.6% so far this year and is currently trading at US$1,802/oz. There will still be a supportive environment for gold prices in the second half of 2021 amid concern about inflation...

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