Chinese gold demand may rise 20% by 2017: industry body
By A Mystery Man Writer
Last updated 20 Sept 2024
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday. The forecast by the WGC comes after China became the world's largest gold-consuming nation in 2013, overtaking India. Annual demand for gold in the form of jewellery, coins and bars is set to hit "at least 1,350 tonnes by 2017", the WGC said in a report on China. Gold prices slumped by a nearly a third last year as investors abandoned the perceived safe haven investment in favour of stocks and other riskier bets.
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday. The forecast by the WGC comes after China became the world's largest gold-consuming nation in 2013, overtaking India. Annual demand for gold in the form of jewellery, coins and bars is set to hit at least 1,350 tonnes by 2017, the WGC said in a report on China. Gold prices slumped by a nearly a third last year as investors abandoned the perceived safe haven investment in favour of stocks and other riskier bets.
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday. The forecast by the WGC comes after China became the world's largest gold-consuming nation in 2013, overtaking India. Annual demand for gold in the form of jewellery, coins and bars is set to hit at least 1,350 tonnes by 2017, the WGC said in a report on China. Gold prices slumped by a nearly a third last year as investors abandoned the perceived safe haven investment in favour of stocks and other riskier bets.
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World
Last Opportune Time to Increase Exposure to Gold - Commodity Trade Mantra
Chinese gold demand may rise 20% by 2017: industry body
China's gold market in January: The Shanghai-London gold price spread turned positive amid higher wholesale physical gold demand - India's leading B2B gem and jewellery magazine
Top AI Statistics And Trends – Forbes Advisor INDIA
Stock market today: Live updates
State of Trade 2023: Inclusive Trade
Soft China and India may undermine gold's rally hopes
India And China Make Up Nearly 50% Of Global Gold Demand
Gold Demand Remains Strong, But It's The Diminishing Supply That'll Keep Pushing Prices Higher — Speculators Anonymous
China's gold market in January: The Shanghai-London gold price spread turned positive amid higher wholesale physical gold demand - India's leading B2B gem and jewellery magazine
Recommended for you
- unnamed Lingerie Brands India14 Jul 2023
- luxury bra - Playground14 Jul 2023
- Solid gold bra set with diamonds is selling for $1 million in the14 Jul 2023
- From 24K bikinis to toilet paper rolls: Check out these bizarre14 Jul 2023
- WornOnTV: Erin's gold lace trim bra and short set on The Real14 Jul 2023
- Ostentação! Biquíni feito de ouro e avaliado em R$400 mil é14 Jul 2023
- New necklace designs in gold with weight and price 202314 Jul 2023
- nipocaio Women's Halter Body Chest Chain Backless Tank Top Bra Necklace Party Body Jewelry Women Golden Lace (Color : Gold)14 Jul 2023
- Fantasy woman real mermaid with trident myth goddess of sea with golden tail sitting in sunset on rocks.. Gold hair crown shells pearls jewelry. Merma Stock Photo - Alamy14 Jul 2023
- Gold Chain Bracelets Set for Women Real Gold Plated Dainty Thin14 Jul 2023
You may also like
- The Next Wave of Creator Marketing: New Study from LTK and Northwestern University Retail Analytics Council14 Jul 2023
- Legging de Corrida Feminina Under Armour Speedpocket Perf 7/8 Tght14 Jul 2023
- Fall Fashion Faux Sued Leggings - NeeSee's Dresses14 Jul 2023
- Swimming to lose weight? You might want to keep a few things in14 Jul 2023
- Dry Work Sock Step Right Foot Clinic - Comfy Socks14 Jul 2023
- Lululemon Wunder Under Leggings 28 Inches Wide14 Jul 2023
- Brach's Party Time Mix Assorted Hard Candy: 3LB Bag14 Jul 2023
- Tapered Jogger For Men HERMAN&CO – Herman&Co14 Jul 2023
- Rise Hot Yoga and Pilates - My Review — The Modern Girl14 Jul 2023
- Heat Holders - Womens Thick Winter Warm Soft Brushed Thermal Leggings 4 Colors14 Jul 2023