Gold Investment Demand Surges in China

- May 19th, 2011

BullionVault reported that demand from China for gold was up 47% over the same period last year.

BullionVault reported that demand from China for gold was up 47% over the same period last year.

The market news is quoted as saying:

The WGC predicted in March last year that Chinese gold demand would double by 2020. Now Albert Cheng, WGC’s managing director Far East, believes “that this doubling may in fact be achieved sooner.”

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