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Second quarter 2011 witnesses near-record high demand for gold at US$ 44.5 billion: WGC

The World Gold Council has stated that gold’s strong start to the year was reinforced during the second quarter of 2011 where total global gold demand measured 919.8 tonnes, worth a near-record US$44.5bn, with broad-based support across all sectors and geographies. Standout markets were India and China, as these two markets accounted for 52% of total bar and coin investment…

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