Infographic: The Eclipsing Demand of the East
By GCRU Gold News on Sunday, May 11 2014, 11:03 - Permalink
Lifted by a continued surge in Asian gold sales, consumer demand for gold reached an all-time high in 2013 at 3,893 tonnes. Amazingly, 54% of this demand came from two places: India and China.
However, it is only recently that the East has dominated global demand for the yellow metal. In this infographic, we look at India and China specifically to see why demand keeps expanding in the East.