Global gold demand rose 10 per cent to 4,021.3 tonnes in 2021 on account of a massive 50 per cent surge in year-on-year demand -- a 10-quarter high -- during the December quarter, a report by the World Gold Council (WGC) said.
The overall gold demand during 2020, which was impacted following Covid-19 related disruptions, stood at 3,658.8 tonnes, the WGC said in its 'Gold Demand Trends 2021' Report.
Demand for gold reached 1,146.8 tonnes in the October-December quarter in 2021, its highest quarterly level since the second quarter in 2019 and an increase of almost 50 per cent year-on-year, according to WGC data. The overall demand during Q4 2020 stood at 768.3 tonnes.
Source: www.business-standard.com
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