Gold Demand Hits Q2 Record Despite Consumer Pullback The World Gold Council’s Q2 2024 report shows mixed trends in gold demand. While overall demand increased by 4% year-over-year to a record high for Q2, driven by over-the-counter investment and central bank purchases, consumer demand weakened. Jewelry consumption fell sharply due to record gold prices, but technology sector demand increased. Regional differences persisted, with stronger investment demand in Eastern markets contrasting with declines in the West. Despite these variations, gold supply grew, with mine production reaching a Q2 record and recycling supply responding to higher prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Turbulence Hits Obscure Real Estate Investment Sector READ MORE Oil Prices Decline with Biden's Withdrawal and Fed Rate Cut Prospects READ MORE Global Currency Shifts: Dollar Rises, Yen Struggles, and Europe Reacts READ MORE Proposed Ban on Open-Pit Mining Could Crush Mexico's Economy READ MORE Banking Crisis 2.0 — Are We on the Brink of the Next Financial Crisis? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment