Premiums for gold bars jumped to their highest in two years on Tuesday as worries about inflation drove investors in China, the second-largest consumer of the precious metal after India, to bullion ahead of the Lunar New Year..."There's a sudden surge in demand. Demand from China is very good and they are paying very high premiums. Refiners can't meet the demand," said a dealer in Singapore.
Thursday, January 13, 2011
The Golden Truth: The Dragon Is Hungry For Gold - Demand Outpaces Supply In China
The Golden Truth: The Dragon Is Hungry For Gold - Demand Outpaces Supply In China
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