PHOTO: YEN MENG JIIN, BT[SINGAPORE] Investor appetite for gold in Asean remained resilient in the second quarter, defying broader year-on-year declines in the global demand for gold. Demand for bars and coins in the country rose 10 per cent on the year to 10.9 tonnes during the quarter. WGC added that market participants reported growing participation from among younger investors, along with strong interest in gold savings accounts. WGC added that lower-carat jewellery gained further market share in Asean as consumers adjusted their buying behaviour. The WGC’s Central Bank Gold Reserves Survey, published in June, found that 45 per cent of respondents intended to grow their own gold reserves over the next 12 months.