By Nicholas Larkin and Pham-Duy Nguyen
Nov. 19 (Bloomberg) — Gold demand rose 18 percent in the third quarter as lower prices encouraged purchases by jewelers and as investors sought a haven from the credit crisis, the World Gold Council said.
“We live in pretty difficult times and that’s being reflected in the world of gold,” George Milling-Stanley, a director at the London-based industry group, said in an interview. “More and more investors are seeing the long-term strategic benefits gold can have.” Read more about Gold Demand Rose 18% in Quarter as Price Lured Buyers, WGC Says …