World demand for gold, thanks to the strong interest of Western investors, continues to rise also in the second quarter, so as to bring the figure for the first half close to a record. This is supported by a report by the World Gold Council (CMO), the federation that brings together the largest producers of the yellow metal at a global level. Between April and June 2016, the world demand for gold reached 1.050 tons, against 910 tons in the same period of 2015. The first six months thus sees the total world demand for gold rise to 2.335 tons, just a whisker from the record of 2.371,5 .2013 tons recorded in the first half of XNUMX.
"Investors seek to diversify risk - explains the CMO in a note - and acquire safe haven assets in the face of a situation of economic and social instability that continues", referring to the upcoming elections in the US, to the Brexit referendum last June, the situation of the banking sector in Italy. It is the first time in the history of CMO statistics that investments are the largest component of demand for the second consecutive quarter. In the first half of 2016 the demand for gold for investments has reached the record of 1.064 tons, 16% more than the previous historical top of the first half of 2009, in full crisis.
