🌏 Gold Demand Shifts East
Retail gold demand is declining in North America and Western Europe, down for three years. Meanwhile, Asia, South America, and Africa are buying more: Asia-Pacific: +3%
📈 China: +12% South Korea, Singapore, Malaysia, Indonesia: +30% U.S. Mint gold coin sales: -70% YoY in May
Gold is flowing East, creating a historic demand gap.