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Gold Sales Increase Off Back of China Demand, claims AAA
2 pages
Published by
Star One Public Relations
Gold Sales Increase Off Back of China Demand, claims AAA
As investors all over the world continue to opt for alternative investment over
traditional asset classes, demand for gold has increased by 16 per cent over 12
months.
In...
[More]
Gold Sales Increase Off Back of China Demand, claims AAA
As investors all over the world continue to opt for alternative investment over
traditional asset classes, demand for gold has increased by 16 per cent over 12
months.
In response, AAA predicts demand will grow even further over the course
of the year.
Boston, MA, USA, May 30, 2012 -- As investors all over the world continue to opt for
alternative investment over traditional asset classes, demand for gold has increased by 16
per cent over 12 months.
In response, Alternative Asset Analysis (AAA) predicts demand
will grow even further over the course of the year.
The amount spent on gold in the past 12 months has increased to $59.
7 billion around the
world, which AAA claims was given a healthy boost by China’s decision to hedge inflation
by increasing its gold investment by 10 per cent.
The figures have been published by the World Gold Council in its Gold Demand Trends
report, which also shows that demand for jewelry in China
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analysis,
asset,
assets,
china,
classes,
demand,
gold,
increased,
investment,
investors,
johnson,
months,
predicts,
traditional,
world,
year
