The overall demand in 2016 was 4,362 tonne, said in its latest Trends report.
Exchange-Traded Funds (ETFs) made nearly one-third of the previous year's inflow, adding 202.8 tons to the demand.
Global demand for gold bars and coins also decreased by 2 percent to 1,029 tonnes last year as US retail investment plummeted to a 10-year low, said the WGC report. The overall demand in 2016 was 4,362 tonnes, WGC said in its latest Gold Demand Trends report.
The report also stated a recovery in both jewellery and technology demand by 4% and 3% respectively on a year-on-year basis. Bar investment was broadly stable, while coin investment slid by 10 per cent. Past year saw the first annual increase in since 2013, but the sector remained weak in a historical context, it said.
Official gold reserves swelled by 371 tonnes in 2017, 5% down on 2016 levels.
Vornado Realty Trust (NYSE:VNO) 2017 Q3 Sentiment Report It increased, as 35 investors sold GNTX shares while 109 reduced holdings. 121 funds opened positions while 584 raised stakes. Ajo LP reported 14,630 shares stake. 224.48 million shares or 0.88% less from 226.47 million shares in 2017Q2 were reported.
Globally demand for gold jewellery gained momentum in the final quarter of 2017, growing 3% year on year to a 2-year high of 648.9t. The volume of gold used in electronics and other industrial applications grew steadily throughout the year, thanks to the increasing prevalence of new-generation features in smartphones, vehicles and laptops.
The value of jewellery demand in 2017 was Rs 148,100 crore, up by 9 percent from 2016 that was Rs 136,290 crore.
"This increase in demand was driven by a number of events, including lower gold prices coinciding with Dhanteras, a positive economic backdrop and improved consumer sentiment, particularly in the rural areas, as the effect of demonetisation wore off", said Somasundaram PR, Managing Director, World Gold Council India.
"Certainly the higher equities and rising interest rates will have prompted some investors to think about their allocation to gold (last year)", the WGC´s head of market intelligence Alistair Hewitt said.
Tanzanian production was down 15% year-on-year in the fourth quarter due to the ongoing concentrate export bans which have impacted Acacia Mining (LN:ACA) operations.
Admitting that his side looked "uncomfortable", Conte added: "We tried to pay football but I think today we didn't show this". Tiemoue Bakayoko picked up two yellow cards in the first 30 minutes in what was a disastrous night for the former Monaco man.
Notley said the province now imports about 17 million bottles from B.C. wineries each year, or about 1.4 million cases. Those threats have B.C.'s tourism operators keeping a close eye on the unfolding situation.
Many Hall of Fame voters have shied away from players who have been accused of using performance enhancing drugs. The Giants will take hits for this from fans around the country who still believe Bonds' feats were fraudulent.
The risk is that the president's message - that we're in the Trump economy now - will sink in at precisely the wrong moment. That's good news for workers but creates nervousness among equity investors concerned that the rise will stoke inflation.
On Tuesday, January 23 Varadarajan Seshasayee sold $5.47 million worth of Lam Research Corporation (NASDAQ:LRCX) or 25,453 shares. Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis.
Looking into her past government contracts, you would find five were cancelled for never delivering on the terms. After Hurricane Maria ravaged Puerto Rico, many islanders did not have access to food .
It is upset that the airline will require service-dog owners to file a health form at least 48 hours before a flight. Any additional reservations will be subject to the updated policy requirements effective March 1.
The Company's properties consist of buildings containing scientific research and development laboratories, and other improvements. Today, KKR Real Estate Finance Trust (NYSE: KREF ) stock was downgraded by JPMorgan Chase & Co. from Neutral to Underweight.
Hrithik Roshan's Super 30 first look
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Does the GOP memo clear Trump in the Russia probe?
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BC has announced how legal cannabis will be sold
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Japan's Princess Mako postpones wedding to fiance
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