Gold Demand Seen Expanding 15% by HSBC on Asia-to-ETP Buying

Gold demand will rebound in 2015 as bullion consumption in Asia increases and investors return to exchange-traded products backed by the metal, according to HSBC Securities (USA) Inc.

Global demand may rise 15 percent to 4,127 metric tons this year.

Gold Demand Seen Expanding 15% by HSBC on Asia-to-ETP Buying