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Goldbricking Consumers

Sep 1, 2009 12:00 PM, Christina Mucciolo


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According to London's Daily Telegraph demand for gold has fallen to a six-year low, and jewelry buyers and electronic producers might be to blame. Buyers of jewelry are the main drivers of the gold prices, accounting for more than 50 percent of consumption. In the last quarter, buyers pulled out of the market and volumes dropped 22 percent.


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