Market analysts Jonathan Kosares and Peter Grant of Centennial Precious Metals rebut what they call “the myth of declining gold demand.” According to Kosares and Grant, reductions in jewelry and electronic purchases are headline news, but these reductions are being more than offset by investment demand and the reversal of the posture of the central banks in the gold market.
This entry was posted on Monday, August 31st, 2009 at 8:33 am and is filed under Gold, Market Commentary, Silver. You can follow any responses to this entry through the RSS 2.0 feed.
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Declining Gold Demand is Just a Myth
Market analysts Jonathan Kosares and Peter Grant of Centennial Precious Metals rebut what they call “the myth of declining gold demand.” According to Kosares and Grant, reductions in jewelry and electronic purchases are headline news, but these reductions are being more than offset by investment demand and the reversal of the posture of the central banks in the gold market.
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This entry was posted on Monday, August 31st, 2009 at 8:33 am and is filed under Gold, Market Commentary, Silver. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.