Yellow metal losing its luster in China
By Lyu Chang | China Daily | Updated: 2014-11-14 09:02
Slowing growth, austerity drive dent purchases, World Gold Council reports
Gold demand dropped in China during the third quarter of the year to a five-year low amid slumping prices and a nationwide anti-graft campaign, the World Gold Council said on Thursday.
According to the WGC, the latest trends put China behind India in gold consumption.
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