28 days ago • Posted by William Ramstein
After a slump year, gold demand could make a come back?
Demand for gold and jewelry went down in 2020 as did spending. Demand from Chinese and Indian markets (biggest buyers) was particularly slow in 2020. ETFs of gold saw a surge in demand, but overall prices have declined this year in part because of improving economic prospects and low treasury yields. Could gold come back as economies prosper ? Source: Bloomberg