| China will overtake India to become the biggest gold consumer this year as its bullion consumption jumped 54 percent in the first six months from a year earlier, according to the China Gold Association.
Gold consumption, including jewelry, bars, coins and industrial use, totaled 706.4 tons in the first half, up 246.8 tons from a year ago. Jewelry consumption rose 43.6 percent to 383.9 tons while that for bullion bars soared 86.5 percent to 278.8 tons, the association said..............................................Full Article: Source
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