Decrease in demand for “Gold”

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The World gold Committee has announced that this year there may be decrease in demand for gold due to increase in its price. In 2015 there was a demand of 850 tonnes of gold but this year it may reduce from 750-800 tones. So totally in the first 6 months of 2016 the demand for gold was reduced to 30% from 351 to 248 tonnes as announced by World Gold Committee.

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