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China’s gold industry: Facts and figures

Posted on 31 October 2011

China is the world’s largest gold producer, and likely to overtake India as the world’s biggest consumer in the next three to four years, on robust demand in jewellery and investment.
Here are some facts about China’s gold industry and market: OFFICIAL RESERVES: 1,054 tonnes, last reported in April 2009. The Shanghai Gold Exchange is the flagship gold market in China. The exchange also trades silver and platinum………………………………………..Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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