02-18-2012, 10:15 PM
[url="http://finance.yahoo.com/news/china-surpass-india-top-gold-111805638.html"]China to surpass India as top gold maket in 2012[/url]
Quote:In a statement Thursday, the World Gold Council's Managing Director Marcus Grubb said if current trends hold it's likely China will "emerge as the largest gold market in the world for the first time." Separately, Nomura analysts said India's gold demand was set to dampen further as inflation pressures moderate in coming quarters.