Financial Times FT.com

Gold sales hit record $65.3bn

ByChris Flood

Published: February 15 2007 13:30 | Last updated: February 15 2007 21:58

Gold sales jumped 22.4 per cent to a record $65.3bn last year in spite of a 10 per cent fall in demand in tonnage terms, according to the World Gold Council, which released its fourth-quarter report on the market on Thursday.

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James Burton, World Gold Council CEO, answers your questions

Last year, price volatility affected the jewellery market, particularly in the first half, but the volume of both investment and industrial demand rose in 2006.

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