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

Chinese and Indians dash for gold

Posted on 16 August 2013

Gold heads east as western investors sell their stocks - sparking a jewellery and bullion buying frenzy in Asia. Stocks of physical gold crossed continents in the first half of 2013 as Westerners dumped their holdings and, on the other side of the world, the resulting fall in price sent consumers flocking to jewellers and bullion dealers.
Indian, Chinese, Thai and other Asian consumers flocked to jewellers and bullion dealers to build their holdings………………………………………..Full Article: Source


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VRS - who has written 39456 posts on Opalesque Commodities Briefing.


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