Here Are Some Shocking Numbers Behind Recent Rise In Gold Prices by Dave Forest, Pierce Points
Gold is looking strong again this week — gaining after the Bank of Japan unexpectedly held off on stimulus Thursday, causing a decline in the dollar.
Gold stocks are also having a great run. With indexes like S&P/TSX Global Gold breaking out to near three-year highs.
But even as all this action has investors excited, some unexpected news is emerging when it comes to gold demand and supply globally.
On Wednesday, go-to gold analysts GFMS released their survey of gold market trends for Q1 2016. And what they found when it came to demand was shocking in the utmost.
The most surprising finding was that...
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