Gold Price News and Forecast: XAU/USD demand trend Q1 2021 [Video]

Commodity prices are booming across the board with everything from metals, energy to agriculture markets, trading near multi-year highs.

According to a report from the World Gold Council amounted to 815.7t, almost equivalent to Q4 2020, only down 23% compared to Q1 2020.

Investment in bars and coins of 339.5t , which lost 177.9 in Q1 as higher interest rates and the downward trend in prices weighed on investor sentiment.

The precious metal caught some fresh bids on the first day of a new trading week and recovered further from two-week lows, around the $1,756 region touched last Thursday.

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