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gold-investing

China And India Stoke Global Gold Demand

Investing News Network
Sep. 20, 2011 04:42PM PST
Precious Metals Investing

Forbes reported that demand for gold in India and China is rising despite increasing prices.

Forbes reported that demand for gold in India and China is rising despite increasing prices.

The market news is quoted as saying:

Increases in demand from China and India have driven a 7.5 percent increase in demand for gold jewelry during the first half of the year despite a 25 percent increase in the price, according to a report released this week from GFMS. However, much of India’s potential gold demand remains untapped.

To read the full market news, click here.

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