By Tatyana Shumsky and Chao Deng
The Wall Street Journal
Tuesday, April 15, 2014
China's appetite for gold is waning after a decadelong buying spree, suppressed by the country's economic slowdown and constrained credit markets.
Demand in the world's biggest gold consumer is likely to stay flat in 2014, according to estimates from the World Gold Council. Gold demand in China has expanded every year since 2002, when it declined, according to the industry group, whose forecasts are closely watched in the gold market.
Decelerating Chinese gold demand could threaten the recent recovery in gold prices, some investors and analysts say. ...
... For the full story:
http://online.wsj.com/news/articles/SB1000142...457950203021...
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Committee for Monetary Research and Education
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