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Chinese gold demand to rise by 25pct by 2017

Posted on 22 April 2014

China is the world’s leading gold nation, having overtaken India last year, and the future is even shinier. Consumer demand will rise 25 per cent to 1,350 metric tonnes by 2017, the London-based World Gold Council said in a report this month.
In 2013, China accounted for 26 per cent of global private-sector gold demand. China is both the world’s largest jewellery and physical bullion investment market, and it has become a key driver of global demand………………………………………..Full Article: Source


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