WTB RSS
02-18-2011, 05:48 AM
HONG KONG (MarketWatch) -- Chinese demand for gold as an investment surged 70% in 2010 from a year earlier, outpacing all other markets in terms of the rate of change in demand for gold bars and coins as a store of value, according to figures released by the World Gold Council on Thursday. The London-headquartered organization said Chinese investment demand for the precious metal totaled 180 tons for the year, valued at about $7 billion. Total consumer demand for gold in China, which includes uses of the precious metal for jewelry and investment, totaled 579.5 tons, a rise of 27% on year. India remained the world's top gold buyer, consuming 963.1 tons in 2010, a rise of 66% from year-earlier levels. China and India jointly accounted for 51% of global gold demand for investment and jewelry, the council report said.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/0/di (http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/0/da)
http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/1/di (http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/1/da)
http://feeds.feedburner.com/~ff/marketwatch/marketpulse?d=yIl2AUoC8zA (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/marketwatch/marketpulse?i=WHAwqFulTVE:QhJl_UNVOi8:F7zBnMyn0Lo (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:F7zBnMyn0Lo) http://feeds.feedburner.com/~ff/marketwatch/marketpulse?i=WHAwqFulTVE:QhJl_UNVOi8:V_sGLiPBpWU (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:V_sGLiPBpWU) http://feeds.feedburner.com/~ff/marketwatch/marketpulse?d=qj6IDK7rITs (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:qj6IDK7rITs)
http://feeds.feedburner.com/~r/marketwatch/marketpulse/~4/WHAwqFulTVE
More... (http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/WHAwqFulTVE/story.aspx)
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/0/di (http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/0/da)
http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/1/di (http://feedads.g.doubleclick.net/~at/IjZsJbn2U5E4QJfln6OWcE8668c/1/da)
http://feeds.feedburner.com/~ff/marketwatch/marketpulse?d=yIl2AUoC8zA (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/marketwatch/marketpulse?i=WHAwqFulTVE:QhJl_UNVOi8:F7zBnMyn0Lo (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:F7zBnMyn0Lo) http://feeds.feedburner.com/~ff/marketwatch/marketpulse?i=WHAwqFulTVE:QhJl_UNVOi8:V_sGLiPBpWU (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:V_sGLiPBpWU) http://feeds.feedburner.com/~ff/marketwatch/marketpulse?d=qj6IDK7rITs (http://feeds.marketwatch.com/~ff/marketwatch/marketpulse?a=WHAwqFulTVE:QhJl_UNVOi8:qj6IDK7rITs)
http://feeds.feedburner.com/~r/marketwatch/marketpulse/~4/WHAwqFulTVE
More... (http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~3/WHAwqFulTVE/story.aspx)