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Woody
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China’s gold demand

- Alasdair Macleod - Finance and Eco.

Good article! I have heard more about Miley Cyrus than China's Gold consumption!

Commented 3856 days ago

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Beginning of the headline :The China Gold Association this week released estimates for China's "gold consumption" for 2013 at 1,176 tonnes. Furthermore the CGA reported China's own gold production at 428 tonnes. The CGA's figures were significantly less than recorded imports into China from Hong Kong. Instead, on my analysis, the CGA figures do not represent total demand, but presumably only that portion reported to it by its members at the retail level. The purpose of this article is to set the record straight. There are... Read More

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