| India and China accounted for 54 percent of the total global gold consumer demand in the first quarter of this year, according to a report. Global demand for jewellery, still the most significant component of overall demand, totalled 601 tonnes in the first quarter of 2015, three percent lower than the last year, said the Gold Demands Trends report prepared by the World Gold Council.
According to the report, conditions differed from market to market, but at an aggregate level these differences broadly balanced each other out. "Once again, consumers in Eastern countries dominated the market with China and India alone accounting for 54 percent?of total global consumer demand in the quarter," said Alistair Hewitt, Head of Market Intelligence at the World Gold Council...............................................Full Article: Source
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