Gold decline in global demand after the victory of Donald Trump

After winning the US presidential election, Donald Trump was recorded significant reduction in global demand for gold.

World guldkunsl (dblyujy C) from the report of the fiscal year's first co falling global demand 18% of gold in the quarter 1034.5 tonnes remain in the lowest level of demand for gold in any quarter during 11 years while demand was 1261.8 tons in the same period last year, while US investors were left to sleep, but the overall increase in gold demand in Europe, China and India.World Gold Council Director John mulygan said the 2016 first quarter, well I did, however, have made the first 3 months of the year, slowed to professional investors was the practice where most activities as a major source of demand in the first quarter of last year, particularly X Exchange traded funds were grdghum (ETF) (investment funds).Remember that before the US presidential election were massive US investment in cautious investor ETF but later he shifted his attention to alternative investment products, however, the situation is different in Europe.Mulygan said elections are in many European countries, there is uncertainty in people who are generally good for gold.

According to European investors in the first quarter due to increased investment e-gold global demand under construction was down 68 percent to 109.1 tons, increased the total demand in China and India to Europe, demand for gold coins in China 30 percentage increase was 105.9 tons, up 16% for jewelery demand in India was affected due to the 92.3 tonnes in October-December quarter off a note from the Indian jewelery sector Modi. Gold prices remain at $ 1235.66 per ounce on Thursday.In addition, gold prices dblyujy of the minimum tax Trump plans to offer not expected to reach the record level of last year.