Chinese consumer demand for gold continues to grow. It reached record levels in the third quarter of the year, as demand for jewelry and other items celebrating the 60th anniversary of the founding of the communist state added to already high investment demand.
In all, Chinese consumers bought up an astonishing 120 tons of gold, up over 12% compared to last year, even as total world demand fell.
The Chinese continue to buy up the world's gold as much of the western world sits idle. You'd be wise to consider buying gold now, before the rest of world wakes up and joins China.
In all, Chinese consumers bought up an astonishing 120 tons of gold, up over 12% compared to last year, even as total world demand fell.
The Chinese continue to buy up the world's gold as much of the western world sits idle. You'd be wise to consider buying gold now, before the rest of world wakes up and joins China.
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