The first sign of dishoarding consists of when the local price in markets such as Egypt, Taiwan, Indonesia and Saudi Arabia goes to a discount on the London price.
12.
The collapse of the gold standard in 1931 and subsequent price rise to $ 35 an ounce in 1934 gave the brokers hectic years coping with dishoarding from India matched by hoarding of coin and small bars in Europe.
13.
"The flood of dishoarding that marred the first quarter performance has dried up and demand has turned positive once more, even in countries that were hit hardest by the devastating economic and currency crisis in Asia, " he said.
14.
The Net dishoarding of physical metal during the year 2000 in Europe is estimated to have added 105 to 145 tonnes ( 3.4 to 4.7 million oz ) to the world supply by "'GFMS " '.
15.
In 1994, vast hoarding also took place in Turkey due to the weak local currency, while more significant dishoarding took place in 1997 1998 during the Asian currency crisis when South Korea, Indonesia and Thailand collectively dishoarded hundreds of tonnes of gold.
16.
With the dishoarding level in the period significantly lower at only six tonnes, while consumers in general, particularly the poor, had already depleted their jewellery over the last several months, total jewellery demand at five tonnes reflected a net gold consumption of minus one tonne.
17.
Thailand is not the only Asian country where retail gold stores have been hit by the economic crisis as other countries in the region have also seen a jump in gold prices and a high dishoarding rate, according to a market overview of the Asian gold market by the World Gold Council.
