09.11.2016 - Global gold buying dims 10% in Q3 |
Gold buying globally fell 10 percent in the third quarter as consumer demand in China and India sagged and central banks halved their purchases, despite a rise in investment sentiment, the World Gold Council said. Chinese consumers bought 22 percent less gold in the July-September period due to “cooling economic growth, stock market uncertainty and concerns over a property bubble,” said Roland Wang, managing director of WGC China...........................................Full Article: Source |