china gold demand
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Despite Gold Lows, Indian Demand High Ahead of Religious Festival
- August 25, 2014
- Posted by: Orkan Ozkan
- Category: News
No CommentsGold fell 0.30% to $1,277 by Monday morning, not far from its two-month low of $1,273.06 hit the previous week. News of a stronger U.S. dollar, a possible interest rate hike coming in early 2015, and the end of quantitative easing this October have lessened gold’s appeal as a safe-haven asset and hedge against inflation for
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7 Reasons China is Becoming the #1 Producer and Consumer of Gold
- April 15, 2014
- Posted by: Orkan Ozkan
- Category: News
The World Gold Council recently released a report titled “China’s gold market: progress and prospects” examining the rising demand for gold in the world’s most highly populated country. The report also explains why China’s gold market will continue to expand regardless of the giant surge in demand. Important to the trend is China’s growing middle
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