Video: 'powerhouses' China and India on jewelry-buying binge
The recent data "reinforces just how the Chinese belief of holding gold as a store of value has become even more entrenched." And in India, the consumer demand increase is most notable because it has happened in the face of strong, consecutive measures by the Indian government to reduce gold imports as a way of shrinking its trade deficit.
Read More: www.mining.com/video-world-gold-demand-driven-by-powerhouse-markets-china-and-india-58456/