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Gold demand 18% down – World Gold Council

Global gold demand has fallen 18% in the first three months of 2017 compared with the first quarter of 2016, the World Gold Council reported on Thursday. In tonnage terms, demand in the period was down 228.3 t, tumbling from 1 262.8 t in the first quarter of last year to 1 034.5 t in the corresponding period of this year.