Chinese gold demand may rise 20% by 2017: industry body
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday. The forecast by the WGC comes after China became the world's largest gold-consuming nation in 2013, overtaking India. Annual demand for gold in the form of jewellery, coins and bars is set to hit "at least 1,350 tonnes by 2017", the WGC said in a report on China. Gold prices slumped by a nearly a third last year as investors abandoned the perceived safe haven investment in favour of stocks and other riskier bets.
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday. The forecast by the WGC comes after China became the world's largest gold-consuming nation in 2013, overtaking India. Annual demand for gold in the form of jewellery, coins and bars is set to hit at least 1,350 tonnes by 2017, the WGC said in a report on China. Gold prices slumped by a nearly a third last year as investors abandoned the perceived safe haven investment in favour of stocks and other riskier bets.
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World
Germany's Days as an Industrial Superpower Are Coming to an End - BNN Bloomberg
A global rise in alluvial mining increases sediment load in tropical rivers
China Backs Off Trade 'Coercion' Against Lithuania, Envoy Says - BNN Bloomberg
Gold Demand Remains Strong, But It's The Diminishing Supply That'll Keep Pushing Prices Higher — Speculators Anonymous
State of Trade 2023: Inclusive Trade
Global Iron Ore Market Report And Strategies To 2032
Last Opportune Time to Increase Exposure to Gold - Commodity Trade Mantra
Central Banks Are Buying Gold at a Record Pace So Far in 2023
Silicon Carbide Market Analysis, Size, Forecast & Growth 2023-2027
Gold Surge Dulls China Demand, Growth Woes Weigh on Shoppers - Bloomberg
China: gold demand by sector 2026
The Demand for Physical Gold the Impact of Asia, Alchemist
Chinese gold demand may rise 20% by 2017: industry body
China's gold output recovers to pre-pandemic level as demand jumps - Markets - Business Recorder