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Bloomberg reported that China will surpass India as the largest user of gold this year.
Bloomberg reported that China will surpass India as the largest user of gold this year.
As quoted in the market news:
Demand in China jumped 20 percent to 769.8 metric tons in 2011, while consumption in India fell 7 percent to 933.4 tons, according to a report from the producer-funded World Gold Council today.
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