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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Finally, India loses top gold buyer status

Posted on 22 December 2009

From Commodityonline.com: Finally, it is almost certain that India will lose its numero uno status as world’s biggest gold consumer to China.

Since many years India has been ruling the world as the top consumer of the yellow metal but this year and increased surge in demand from China and a fall in gold jewellery sales in India due to high prices have caused India losing the top slot………………………………….Full Article: Source

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VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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