Chinese gold consumption is moving very close to 2000 tonnes mark
Chinese gold consumption is moving very close to 2000 tonnes mark
Previously there are many professional organizations, such as the GFMS and the World Gold (1245.80, -12.20, -0.97%) Association (WGC) are expected in 2013 China's gold consumption will be more than 1,000 metric tons, and overtake India as the world's top gold consumer, which has recently been part of the expected cash. However Mineweb analyst Koos Jansen in the Netherlands, but said the two bodies way of calculating Chinese gold consumption is only by virtue of the monthly export of gold from Hong Kong in mainland China's official data, but it obviously does not reflect the real situation. Jansen that a combination of central China, the Shanghai Gold Exchange and the Swiss gold import and export data to estimate, in 2013 China's gold consumption, at least in 2000 tonnes or more, even up to 2200 tonnes.