Gold demand falls 9% to 915t in Q3 as ETF inflows slow from unprecedented highs in 2016

Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s latest Gold Demand Trends report. This decline was led by two key factors: a softer quarter in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs). Global jewellery demand was down 3% year-on-year in Q3, as the...