Asia still attracted by all that glitters, despite prices

Feb 17, 2011

Demand for gold touched an all-time high of $150 billion last year, buoyed by gold jewellery purchases in India and investment demand in China.

Demand for gold grew 9% year-on-year in 2010, driven by the jewellery buying of Indian and Chinese customers, but also lifted by the fact that the world’s central banks became buyers for the first time in over two decades.

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