WGC recent report: Global gold jewelry demand down 5 percent for Q2

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02-Sep-2010

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According to the World Gold Council’s (WGC) most recent Gold Demand Trends report, the global gold jewelry demand for second-quarter 2010 is down 5 percent compared with the same period in 2009. The report for second-quarter 2010 reveals that global jewelry demand fell to 408.7 tonnes, yet increased in U.S. value terms by 23 percent, rising from $12.8 billion in quarter-two 2009 to $15.7 billion in quarter-two 2010.

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