Gold has once again become a safe haven for investors with total demand for gold hitting 1,016 tonnes in the first three months of 2009, up 38% from a year ago.
Gold is often seen as a safer investment in times of economic turmoil, plus a way to guard against higher inflation in the future.
But, industrial demand for gold, which is used in the production of electronics, fell by 31% from the first quarter of 2008 and demand for gold jewellery fell 24%.
