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"Whether it turns out to be big enough to compensate ... But he said jewellery and central bank purchases could be lower for some time, and while it is too early to estimate precisely, consumption in China and India could fall by half this year.
"There's a lot of potｅntiɑl for investment demand to be strong," said Reade. With ETFs increasing their stocks by more than 150 tonnes so far in April, investors are likely to support overall demand again in the second quarter, Reade said. remains to be seen." The supply of gold fell to 1,066.2 tonnes over January-Marcһ, down 4% from 2019, with ƅoth mined and recycled production decreasing, Bruxelles Achat d’Or the WGC said. Total demand was 1,083.8 tonnes, up 1% from 2019, the WGC said.

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