China's demand for gold could reach 1,000 tonnes this year and
austrian costume crystal jewelry, it is likely to surpass India as the world's biggest gold consumer, Reuters reported recently."China will probably be the world's biggest gold consumer this year for the first time on an annual basis.
cheap jewellry China That will be driven by both jewellery and investment demand. Jewellery will be the biggest overall demand segment, but investment will grow fastest," Marcus Grubb, managing director for investment of the World Gold Council, was quoted as saying in the report.Grubb estimated that China's gold consumption in 2013 could fall between 950 tonnes and 1,000 tonnes.China National Gold Group, China's biggest gold producer, said the country's gold consumption in the first half of the year had already exceeded 800 tonnes, the Chinese news portal JRJ.com reported earlr.India's gold demand and
china fashion crystal earring in 2013 is likely to be around 850 tonnes, Grubb was quoted as saying.
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