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US-centric gold view won’t continue indefinitely – World Gold Council

JOHANNESBURG ( – The US-centric view of gold would not continue indefinitely, the World Gold Council forecast on Thursday, when it pointed out that the gold price had risen in at least three currencies in 2015 while falling 11% in US dollar terms. It was the local price – and not the US dollar price – that mattered most, as more than 90% of physical gold demand now arose from non-dollar investors.