Trends In Jewelry Demand For Gold

Economic growth in developed economies is expected to accelerate to 2.3% in 2015 from 1.8% in 2014. Strengthening global economic growth augurs well for jewelry demand for gold. This will partially offset the decline in investment demand for gold due to an expected interest rate hike by the Fed next year. In any case, the long term trends in jewelry demand for gold remain robust and should provide support to gold prices in the long run.