Gold prices fell sharply in September but there was renewed buying interest in ETFs near the end of the quarter as lower price levels were seen by some investors as an opportunity, according to the report.
Total gold demand in the third quarter including technology applications and jewelry was about 1,054 tons, up from roughly 945 tons in the second quarter.
Gold ETFs followed global equities into red in Thursday’s sell-off. [Silver ETFs Guide Precious Metals Lower]
ETFS Physical Swiss Gold Shares
