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Gold stocks rise to the challenge in Q4 as gold demand lifts on central bank buying

A report by the World Gold Council (WGC) Gold Demand Trends revealed that global annual gold demand (excluding OTC) in 2022 increased by 18%, hitting 4,741.

Local gold demand seen as muted

Gold demand in Thailand is likely to pull back this year after rising 3% in 2022 as consumers are concerned about a global economic slowdown, according to the World Gold Council.

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