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Gold Demand To Hit Three-Year Low As Prices Surge To Record: World Gold Council

In September, local gold futures hit an all-time high of Rs 39,885($563.85) per 10 grams.
In September, local gold futures hit an all-time high of Rs 39,885($563.85) per 10 grams.
Gold demand is expected to fall to its lowest level in three years in 2019, the World Gold Council (WGC) said on Tuesday, as domestic prices climb to a record against a backdrop of falling earnings in rural areas, a key source of custom for the precious metal.
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