| Journal Call no. | HD9999.C58H66 |
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| Article Title | Gold performs its traditional role as an asset of last resort. |
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| Is Part Of | Jewellery review ; v.4, no.69, Jul/Aug 1998, p.89-90. |
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| Abstract | The economic and currency crisis in several Asian countries during the opening three months of the year triggered large-scale sales of gold back to the market. As a direct result of this unprecedented increase in supply, the statistics for the consumption of gold in the countries monitored by the World Gold Council showed a decline of 55 percent to 342.1 tonnes during the first quarter of 1998. The article briefly analyses the factors for the decline in the demand of gold in China, Taiwan and Hong Kong. |
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