(Adds details, gold prices) NEW YORK, April 29 (Reuters) - The sharp rise in gold prices in 2002 boosted global investment demand for the yellow metal to a 35-year high, but cut its use in fabricated products, precious metals research firm CPM Group said on Tuesday. In its Gold Survey 2003, CPM reported that investors bought 26.9 million ounces of gold bullion on a global net basis during 2002. That was the most in any year since 1967, more than doubling the 10 million ounces purchased ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Gold investment demand hit 35-year high in 2002-CPM" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.