Fri, Aug 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Trends more

Less bullish on bullion: Gold bar demand dives

Posted on 08 May 2014

China’s gold consumption in the first quarter of 2014 eased significantly from last year mainly because of reduced demand for gift-related gold bars, experts said on Tuesday.
In the January-March period, gold consumption was 322.99 metric tons, rising 2.45 tons or 0.76 per cent year-on-year. Gold jewelry purchases jumped 30.2 per cent to 232.53 tons, while gold bar consumption slumped 43.56 per cent to 67.95 tons, the China Gold Association said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31