Gold, News & Features, Resource News
Asian gold investors buy as Europe holds back
By Mineweb · May 17, 2012 · 9:55 am · Leave a Comment
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By Geoff Candy
Demand for gold in China during the first quarter of 2012 rose to a record 255.2 tonnes, according to data released by the World Gold Council on Thursday.
In its Gold Demand Trends Report for Q1 2012, the council writes, “Although the pace of growth in demand is slowing, gold continues to benefit from rising income levels, increasing urbanisation, economic growth and the high inflation environment.”
