Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

India stays above China in gold buys

IMG Auteur
Published : November 19th, 2012
131 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : On the Web
Hindustan Times, in its November 19, 2012 article, reports that India stays above China in gold buys.

Extract :

 

 

 

 

China, which for the first time was expected to overtake India in gold demand in 2012, may have to wait for at least one more year as Indian consumers are back to buying gold despite high prices.



Analysts around the world predicted that China's gold demand is expected to be around 860 tonnes and would surpass India's in 2012. However, Indians are back to investing in gold, which industry trackers say is viewed as safe haven.


India's gold demand was lesser than that of China's in the first six months of 2012. However, in the third quarter, India's gold demand surpassed China's demand. Indians bought 607.6 tonnes of gold in the first nine months of 2012 as against a total demand of 576.9 tonnes in China, according to World Gold Council.

 

 

Read the rest of the article at Hindustan Times
Data and Statistics for these countries : China | India | All
Gold and Silver Prices for these countries : China | India | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
The Escape from Collectivism - Jeff Thomas
22 Maysam_site
Globalist investigator Leuren Moret discovered that Fidel Castro, far from a grass roots revolutionary, was a Farnese duke from a prominent Black N...
Bill Murphy: Silver – The Only Commodity 66 Cheaper Than 37 Years A...
22 Mayprljr
"depict Armageddon or viruses or zombies never show people trading gold for items." Food ,medicine and Guns and ammo will be traded if it comes...
Bill Murphy: Silver – The Only Commodity 66 Cheaper Than 37 Years A...
19 Maybparker191
Computers, long distance phone calls, vcr players, surgery are just a few of the items that are cheaper than 37 years ago. Gold is not man...
Bill Murphy: Silver – The Only Commodity 66 Cheaper Than 37 Years A...
19 MayS W.-1
Two months after the Hunt brothers debacle the 'price of silver' in 1980 went from about $49 to under $11 in about 2 months. (wiki) Silver is n...
Inflation/deflation and the desire to avoid short-term pain
16 MaySNAFU
Ahh, central bankers. Infinite money will bring infinite pain, but in the meanwhile enjoy the ride
Body Armor: Because If You’re Shooting Down Range, You Can Bet Some...
15 Mayramasart
One thing about body armor--it's heavy, and it's HOT. While I am a strong proponent of it (and I need to buy some upgraded plates), just know that...
State Dept. memo explains U.S. policy to drive gold out of financia...
15 Mayprljr
Sidney Weintraub Go figure who would have guessed! Why use gold when you can use their paper which they create out of nothing. (((para...
State Dept. memo explains U.S. policy to drive gold out of financia...
15 Mayneville
America harbours some of the dumbest felons on the planet who leave one smoking gun after another behind at crime scenes. That the u.s. wanted ...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS