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Commodities Briefing - Categorized | Bullion/Gold, Trading more

China’s gold demand to beat supply by 2015

Posted on 18 February 2013

Chinese consumers’ insatiable longing for gold is set to provide a strong push for local mines, as the country’s demand for the precious metal is expected to surpass supply by at least 550 metric tons by 2015, data from China Gold Association showed Saturday.
According to the latest statistics released by the organization, the nation bought a total of 832.18 tons of gold, 71.13 tons, or 9.35% more than in 2012……………………………………….Full Article: Source


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