Chinese gold demand seen flat to lower this year -China agency
By GCRU Gold News on Friday, June 20 2014, 10:37 - Permalink
Private sector gold demand in China, which last year surpassed India to become the world's biggest consumer of the yellow metal, will be flat to slightly lower this year, a China Gold Association official said on Thursday.
"Demand will be almost the same as last year, or a little bit less ... But for sure it will be over 1,000 tonnes," said Song, who was in Vancouver for an industry conference.