Gold Demand Outstrips Inventory For the First Time Since 2008

The Wall Street Journal noted last week:

Swiss bank UBS said that gold, which cracked the $1,600 a troy ounce mark on Monday, will be the only precious metal with a supply deficit this year, as demand outstrips inventory for the first time since 2008.

See this for background.

This entry was posted in General. Bookmark the permalink.