China to become world's biggest gold consumer: World Gold Council

The Council revealed on Thursday that the country's demand for gold is expected to reach 1,000 tonnes this year, Reuters reports. This compares with India's average yearly imports of 963 tonnes.

Marcus Grubb, managing director for investment for the WGC says this number could be even higher.

 

Read More: www.mining.com/china-to-become-worlds-biggest-gold-consumer-world-gold-council-70404/

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