Declining Labour Force Participation

Less people are working. The market keeps rising. How long can this continue?

Source: Thomson Reuters Datastream; Bullion Management Group Inc.

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Annual gold demand gained 4% on highest central bank buying in 50 years. Gold demand in 2018 reached 4,345.1t, up from 4,159.9t in 2017 and in line with the five-year average of 4,347.5t.

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