China Gold Demand | Vietnam Business News

China’s gold demand expected to surge next decade due to jewellery consumption and investment needs

World’s second largest gold consumer, China’s demand for the precious metal is expected to surge next decade due to jewellery consumption and investment needs, World Gold Council said. In its Gold Demand Trends report for the third quarter of 2011, WGC said demand for gold bars and coins in China expanded by 24 percent from [...]

Nov 19 2011 | Posted in Gold | Read More »

India’s gold demand will continue to climb

Despite a 20 percent drop in gold imports in the third quarter, India’s gold demand will continue to climb and by 2020 it might reach 1200 tons, Analysts said. They said Indian demand for gold will be driven by savings and real income levels, not by price . Gold prices in India went up 18.35 [...]

Nov 19 2011 | Posted in Gold | Read More »

Gold price

Safe-haven appeal spurs gold demand
Gold prices predicted to exceed $2000 in 2012
Central banks bought 20 tonnes of gold in Q3
Gold prices recovered on Friday after a dramatic 3% one-day selloff
China’s gold demand expanded by 24 percent to 60.2 tonnes in the third quarter
Understanding gold investing options
India gold demand might reach 1200 tons in 2020, analysts said
Ethiopia set a gold production target at 8.7 tons by 2015

Silver prices

Shanghai Gold Exchange lifted silver margin requirements to a fresh high
Spot silver rates were trading lower in India
Silver price may cross $50/oz mark in 2012
Silver price should continue rising as economic uncertainty persists
India silver slumped on speculative profit-taking
Silver prices could rise to $45 an ounce in 2012, GFMS says
Silver prices were trading lower in major metros in India
Silver production in Peru fell 2.8% in September to 281,828 kilograms