Mining News

Gold market experiences solid start to 2022

First-quarter gold demand was 34% higher year-on-year, at 1 234 t, driven by strong exchange-traded fund (ETF) inflows, a new report published by industry organisation the World Gold Council (WGC) shows. In a quarter that saw the dollar gold price rise by 8%, gold demand was the highest it has been since the fourth quarter of 2018 and 19% above the five-year average of 1 039 t.

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