Education and Technology

Physical gold demand drops 17% in 2020... but that’s not the whole story – WGC

Education and Technology

Physical gold demand drops 17% in 2020... but that’s not the whole story – WGC

The gold market showed its dual nature in 2020 as physical demand fell to its lowest level since the great financial crisis; meanwhile, investment demand reached historic heights. Thursday, the World Gold Council (WGC) published its fourth-quarter and full-year demand trends report for 2020, which showed broad-based declines in demand for the precious metal.

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