Precious Metals

Bloomberg reported that China’s consumption of gold may surpass India’s.

Bloomberg reported that China’s consumption of gold may surpass India’s.

The market news is quoted as saying:

Bullion soared to a record $1,444.95 an ounce on March 7 and rallied 30 percent last year for a 10th annual gain as investors sought to preserve their wealth against inflation, Middle East unrest and currency debasement.

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