Does The WGC Understand The Chinese Gold Market?
By GCRU Gold News on Saturday, September 6 2014, 00:58 - Permalink
Chinese wholesale gold demand in 2013 was 2197 tonnes, though the WGC states consumer demand was 1066 tonnes. Despite several attempts this enormous discrepancy has not been elucidated by the WGC until this day. However, as time goes by and knowledge about the Chinese gold market is slowly spreading through the international gold space, the more pressure is building on WGC demand numbers regarding China.