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Consumer demand for gold in S-E Asia rises in the first half
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Consumer demand for gold in South-east Asia rose in the first half of the year, supported by lower prices, improved incomes and festival buying, and as a hedge on depreciating currencies, according to the World Gold Council.
In Singapore, consumer demand for gold increased by 43 per cent, from 2.7 tonnes in the second quarter last year to 3.8 tonnes in the second quarter this year.
