The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Tuesday, 7th October 2008 (2211 views)

Higher demand for gold products has been experienced at Birmingham's historic Jewellery Quarter, it has been reported.

Karen Martin, from dealers Stephen Betts and Sons, told BBC News that she had never known anything like it.

She said that there has been a jump in demand for gold ingots of all sizes, plus gold coins such as African Krugerrands.

Metals analyst Charles Kernot also spoke to the news provider, stating: "There are a lot of financial circumstances and worries across the markets and from that perspective I think gold will be regarded as a safe haven."

Fellow Birmingham trader Erica Broadhurst from Hardrock Jewellers said that more people were bringing their gold items to the area to find out their worth.

Meanwhile, imports from the world's largest gold consumer India are predicted to remain steady throughout 2008, according to the Business Standard.

 

« Back to Gold News stories