
Global gold demand rose in the third quarter, led by a surge in US buying, as investors took advantage of a slump in prices, the World Gold Council said Thursday.
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Global gold demand rose in the third quarter, led by a surge in US buying, as investors took advantage of a slump in prices, the World Gold Council said Thursday.
Industry experts say India has around 20,000 tonnes of the precious metal lying idle in Hindu temple vaults, bank safes and jewellery boxes -- a trove worth about $700 billion at current prices depending on purity lev...
China's annual demand for gold could jump around 20 percent by 2017 as more of its increasingly wealthy population seek new ways to make money, the World Gold Council predicted on Tuesday.
Global demand for gold fell last year in its first tumble since 2009 as demand in leading market India slid, narrowing the gap with second-biggest buyer China, according the World Gold Council.
Italy has lost its position as the world's premier gold jewellery exporter, overtaken by India and the United States, and risks slipping further due to its high cost base and tariff barriers.
Chow Tai Fook, the world's biggest jewelry retailer, reported a 79 percent jump in annual profit, buoyed by demand for luxury goods in China, though global economic uncertainties may slow revenue growth in the near term.
Italian jewellers are fusing the latest laser technology with traditional lace-making techniques in their efforts to ride out the economic downturn and keep up with growing competition from low-cost rivals in China an...
Gold demand in India, one of the world's leading buyers, is likely to moderate in 2012 as higher inflation trims disposable income at a time prices are stubbornly high on a weak rupee.
Global demand for gold fell 5.0 percent in the first quarter of 2012 but demand in China hit record highs and outstripped that of megabuyer India, the World Gold Council said on Thursday.Demand worldwide fell to 1,097.
China is set to overtake India as the world's largest gold buyer this year as demand for the metal for jewellery and as a safe-haven investment surges, the World Gold Council said Thursday.Global demand hit 4,067.