Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry.
Total demand fell by 22% to 218 tons in the three months to September, according to Bloomberg calculations based on data from the China Gold Council on Monday. Jewelry consumption tumbled 29% to ...
Gold demand in China, the world's biggest consumer, plunged in Q3 as record prices and a sluggish economy hurt consumption, especially for jewelry, Bloomberg reported Monday. Total demand fell 22% ...