Chinese Weekly Gold Demand Highest Since February
By GCRU Gold News on Monday, September 1 2014, 03:24 - Permalink
Withdrawals from the Shanghai Gold Exchange vaults, which equals Chinese wholesale demand, in week 34 (August 18 to 22) accounted for 46 metric tonnes, the highest weekly amount withdrawn since late February (25 weeks ago). Year to date wholesale demand stands at 1209 tonnes. It's worth stressing that this number includes gold that is recycled through the SGE.