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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Will there be further downside for consumer demand for gold here in Singapore?
Description: Q2 gold demand dropped slightly by 2% year-on-year, driven by a marked deceleration in net central bank buying compared to above average purchases in Q2 of 2022. But despite the drop and softer central bank demand, gold was still supported. To find out more about the demand for gold in the 2nd quarter in Singapore and globally, on Money in the Market, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) & Global Head of Central Banks, World Gold Council.See omnystudio.com/listener for privacy information.