DiscoverPrime Time with Timothy Go, Rachel Kelly & Finance Presenter JP OngIn The Spotlight: Gold loses some of its sparkle in Q3 2021
In The Spotlight: Gold loses some of its sparkle in Q3 2021

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

Update: 2021-10-29
Share

Description

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.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

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

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

Money FM