Consumer demand for gold returning – WGC

Despite dampened investor demand, gold investment increased in the second quarter of this year as a result of consumer investment into the commodity, with demand of 955.1 t – a 9% rise from the first quarter, the World Gold Council (WGC) reports. The WGC’s latest ‘Gold Demand Trends’ report, released on July 29, points to gold demand being in line with the equivalent period of 2020, which was 960.5 t