Gold – Demand for gold jewelry, bars and coins hit a record high last year, according to the World Gold Council's latest Gold Demand Trends report. The report also confirms that last year Chinese gold demand surpassed that of India for the first time.
Articles Tagged "gold demand"
Gold – Business Recorder reported that the Chinese Gold & Silver Exchange Society plans to set up a physical bullion trading exchange, as well as a 1,500-tonne depository, in mainland China within the next year.
Gold – Mineweb reported that in 2013, Chinese gold imports via Hong Kong reached a new record; however, there is some uncertainty about the total amount imported.
Gold – 2013 was an "annus horribilis" for gold. We look at the main factors behind the precious metal's demise and whether next year offers any hope of a recovery.
Gold – Gold has had a good week, and while it's too soon to call it a rally, things are looking up for the yellow metal as the Indian festival season begins.
Silver – India imported 3,015 metric tons of silver in the first half of 2013, meaning that it is on track to bring in 25 percent of the world's mined silver this year.
Gold – The gold sector contributed $210 billion in 2012, an amount equivalent to the GDPs of Ireland, the Czech Republic or Beijing.
Gold – The decline in the gold price has created a massive buying opportunity in Asia, with gold jewelry, coins and bars flying off the shelves. The World Gold Council crunches the numbers for the second quarter.
Gold – As the West flees gold, another set of buyers has come forward with the aim to preserve wealth.
Silver – As it becomes harder for Indian investors to get their hands on gold, their interest is shifting toward silver.