Global Gold Demand: Investors Undermine Consumers

Global consumer demand for gold rebounded to new records even as the metal's popularity among investors sunk over one of its worst years in recent memory, according to an industry report. Globally, consumer demand for gold hit a new record, as small investors bought jewelry at volumes not seen since the financial crisis. They also piled into coins and bars. But investment demand was cut by half, in its worst showing since 2000.