Wednesday, March 05, 2025 | 01:26 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

China's H1 gold consumption jumps 54%

China, which is set to overtake India as the world's biggest gold consumer this year, consumed 832.18 tonnes in all of 2012

<a href="http://www.shutterstock.com/pic-101030746/stock-photo-close-up-of-the-gold-coins.html" target="_blank">Gold</a> image via Shutterstock

Reuters Singapore

 

China's gold consumption jumped 54% in the first half of the year to 706.36 tonnes, the China Gold Association said, as lower prices of the precious metal attracted buyers.
 
China, which is set to overtake India as the world's biggest gold consumer this year, consumed 832.18 tonnes in all of 2012 and about 460 tonnes in the first half of 2012.
 
Output in China, the world's biggest gold producer, reached 192.82 tonnes, up 9% from a year ago, the association said in a statement on its website on Monday.
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 12 2013 | 8:57 AM IST

Explore News