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Weaker local currencies drive gold demand in EM Asia in 2018

Weakening Asian currencies have increasingly driven the region’s demand for gold from an investment perspective, according to State Street Global Advisors (SSGA). “We used to look at the emerging world for jewellery demand only, but in recent times, we’ve seen a lot more interest in investment in gold from emerging markets, especially here in Asia this year,” George Milling-Stanley, SSGA’s…

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