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

China’s gold demand to slow from April surge: Association

Posted on 31 May 2013

Gold demand in China, the world’s largest consumer after India, may slow in the second half of this year after surging in April, said Zhang Bingnan, secretary-general of the China Gold Association.
“The kind of frenzied buying in late April and early May won’t be repeated,” Zhang said. Some of the jewelry demand earmarked for festivals or weddings later this year may have been brought forward to April and May after prices fell, he said………………………………………..Full Article: Source

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