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Tuesday, June 12, 2007
What Percentage Of Gold Is Used In Jewelry, Industry And Investment?
(via Commodity Online) Around 70% of gold demand is jewelry, 11% is industrial (dental, electronics) and 13% is investment (institutional and individual, bars & coins). Gold jewelry has strong investment attributes in all countries, and in markets such as India and Middle East is sold by weight at the prevailing daily rate with a supplementary 'making charge' which varies according to the complexity of the piece.
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