It is the 21st of November 2019

News

Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3

- Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China
- Chinese investors bought price dips, notching up fourth consecutive quarter of growth
- Jewellery, ETF demand fell while gold coins and bars saw increased demand 
- Central banks bought a robust 111t of gold bullion bars (+25% y-o-y)
- Russia, Turkey & Kazakhstan account for 90% of 111t of central bank demand
- Turkey increased gold purchases and saw broad based physical gold demand
- Gold demand in Q3 at eight-year low as ETF inflows slowed sharply 
- Gold demand saw 9% year-on-year (y-o-y) drop in to 915 tonnes (t)
- Total global gold supply fell 2% in Q3

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After Losing Millions To Nigerian Scammers, A Bankrupt Boris Becker Is Liquidating His Assets

It has already been one of the most remarkable rags to riches and then back to rags - with a bankruptcy on top - stories ever, and it is getting more bizarre by the day.

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Gold Has Yet Another Purpose - Help Fight Cancer

- Gold has yet another purpose and may help fight cancer
- Gold increases effectiveness of drugs used to treat cancer cells by acting as catalyst - research shows
- Use of gold in technology and health growing each year
- Tech use to increase- number of patent applications in 2017 grew
- Industrial applications such as solar and bio-metrics reduce availability of above ground supply and gold for investment
- Another string to the bow of gold and potential impact on sentiment towards gold and on the gold price
- 'Could gold finally have a purpose?' bizarre headline ignores gold's 2,500 plus year history as a means of exchange, money and a store of value

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