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China’s secret vaults: Where is all the missing gold?

Posted on 19 March 2014

China has recently become the world’s largest consumer of gold. Uniquely, it also ranks as both the largest producer and the biggest importer of gold. Yet a big question surrounds the true state of the Chinese demand for gold; the answer would determine how global gold prices are likely to fare.
The expectation that Chinese investors will sustain a voracious appetite for gold has helped to spark a recent rebound in gold prices………………………………………..Full Article: Source


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VRS - who has written 38958 posts on Opalesque Commodities Briefing.


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