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Commodities Briefing - Categorized | Bullion/Gold, Energy more

Will demand from China continue moving gold and energy assets?

Posted on 29 October 2013

Economic growth from China is increasing, which is leading to more demand for commodities ranging from gold to oil to natural gas to coal. China is the biggest consumer of energy in the world. It is the second biggest customer for gold, only behind India. Investors ranging from the Central Bank of the Republic of China (in Taiwan) to individuals buy the yellow metal as an asset.
By the fundamentals of supply and demand, China’s growing economy should move the prices of oil, natural gas, coal and gold higher………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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