Investment in gold has been the largest component of gold demand for two consecutive quarters – the first time this has ever happened, the World Gold Council (WGC) said on Thursday. The WGC’s latest Gold Demand Trends report shows that global gold demand reached 2 335 t in the first half of this year, with investment reaching record levels – 16% higher than the previous record in the first half of 2009 – which is significant, as that was the year that most investment flowed into gold to counter the global financial crisis.
