Global demand for gold jewellery up by 12%

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Global demand for gold jewellery witnessed a 12 percent increase during the first quarter (January-March) of the year 2013. According to the latest World Gold Council Gold Demand Trends report, total jewellery demand was up by 12 percent year-on-year, in the first quarter of 2013, driven by main Asian markets. The report said in the United States, demand showed a significant increase of 6 percent for the first time since 2005. The reports on the period from January-March, 2013, show a market driven by diverse global demand and an appetite for owning gold jewellery that continues to grow.