Posts tagged "gold"

India, China Take 60% of Gold Buying

In the quarter ended June, India and China together accounted for about 60 per cent to the global demand for gold. During the period, global demand fell 12 per cent.   Data compiled by Thomson Reuters and World Gold Council showed global demand stood at 856.3 tonnes during the quarter ended June, against 974.6 tonnes in the corresponding period last year. While jewellery demand rose 37 per cent to 575.5 tonnes, demand for gold bars and coins increased a staggering 78 per cent to 507.6...

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