Global gold demand falls 7% in Q2 to 990 T, lowest in more than 2 years – World Gold Council

• Indian demand tumbles 38% in Q2 to 181.3 T; Chinese demand drops 7%
• Gold investment demand falls 23% in Q2 to 302.0 T
• Indian gold demand seen falling to 650-750 T in 2012; China to take over as NO1 consumer with 850 T of demand
• Central bank gold purchases more than double to 157.5 T in Q2; record buying expected in 2012

Reuters reporting.