In The Spotlight: Gold loses some of its sparkle in Q3 2021

Share:

Listens: 0

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong

Business


Gold lost some of its sparkle in the third quarter -  demand  fell 7%  on year. The World Gold Council says this drop was almost exclusively driven by ETFs – which swung from very large inflows in Q3 2020 to modest outflows this year. Jewellery, technology and bar and coin were significantly higher than in 2020. Prime Time's Rachel Kelly and Timothy Go find out more from Andrew Naylor, Regional CEO of World Gold Council. See omnystudio.com/listener for privacy information.