According to kitco, on March 21, 2020 article indicated “Gold investment demand is estimated to be around 17.2 million ounces in 2020, but the COVID-19 situation could boost it by as much as 500,000 ounces to 600,000 ounces higher. Gold fabrication is one of the few drivers that will likely remain weak in 2020 due to higher gold prices and slower economic growth”
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