130,000 oz of Gold / year - Q4 2009
Exploration & production. Properties in Nicaragua, Colombia, Panama & Russia
Message: OT: Record Demand For Gold
India to import around 350-400 tonnes of gold in Q2; Asia demand to hit record: WGC
Reuters May 29, 2013, 01.42PM IST
(Even if ETF outflows continue…)
LONDON: Asian gold demand from this April to June will reach a quarterly record as bullion consumers in the region take possession of supply freed up by selling from exchange-traded funds (ETFs), the World Gold Council (WGC) said on Wednesday.
Gold prices fell to their lowest in more than two years at $1,321.35 an ounce in mid-April on signs of economic improvement in main markets and fears that central banks around the world could start to curtail their bullion-friendly policy measures.
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