The latest report from the World Gold Council said that China's gold demand could hit 1000 tons this year, overtaking India as the world's largest gold market. India's average yearly imports of should be 963 tons. According to the Council, "China will probably be the world's biggest gold consumer this year for the first time on an annual basis" as driven by "both jewelry and investment demand. Jewelry will be the biggest overall demand segment, but investment will grow fastest". Meanwhile, it also expected that jewelry demand would "increase globally this year as a proportion of overall gold demand for the first time in 12 years".
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
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