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Gold industrial demand has virtually remained unchanged (probably because there is higher volume of goods produced even though lower usage per item)[1]. Gold u
by sytelus 9y ago
Gold industrial demand has virtually remained unchanged (probably because there is higher volume of goods produced even though lower usage per item)[1].
Gold usage %:
- Jewelry: 52%
- Govt holdings: 18%
- Investment: 16%
- Industrial: 12%
- Unaccounted: 2%
[1] https://blogs.thomsonreuters.com/answerson/gold-industry-developments-changes-last-50-years/ https://blogs.thomsonreuters.com/answerson/gold-industry-dev...