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Gold demand slumps to 13-year low in December quarter

Global gold demand in the December quarter fell to its lowest level since the heart of the financial crisis in 2008, according to a new report from the World Gold Council.

Gold demand slumps to 13-year low in December quarter Gold demand slumps to 13-year low in December quarter Gold demand slumps to 13-year low in December quarter Gold demand slumps to 13-year low in December quarter Gold demand slumps to 13-year low in December quarter

Gold demand dropped in 2020 despite prices remaining bullish

Gold demand dropped by 28% year-on-year to 783.4 tonnes in Q4, bringing full year demand to3,759.6 tonnes- an 11-year low.