Most demanded jewellery
The demand for precious metals in the global market starting from April to June of 2014, as compared to a similar period of 2013, reduced by 15%, up to 963.8 tons, the review titled Trends in Demand for Gold by the World Gold Council says.
In terms of value, the demand for gold in the second quarter of 2014 added up to $39.922 billion that is 24% or $12.310 billion less as compared to a similar period a year ago.
The most demanded are jewellery items. In the second quarter of 2014 approximately 509.6 tons of precious metal jewellery were sold. India with jewellery sales reaching 154 tons of precious metal pieces is ranked the first in the world, among other large consumer markets for gold.