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China bullion investments seen slowing down in 2011

July 14 2011, 09:34

FMX|Connect- WWW.FMXConnect.com (Reported on 7/14/2011)

China bullion investments seen slowing down in 2011

Source: Commodity Online

Global leader in Gold bullion investing, China’s investments in bullion may slow down this year compared with the sharp growth in 2010 as record-high gold prices increased the potential risk of price volatility, industry executives said.

According to Song Quanli, a senior officer with the China National Gold Group Corp, the country's bullion consumption rose to 141.9 tons in 2010, up 94 percent from the previous year, as the realty market and stock market turned bearish, reports sina.com. To read full article, click here.

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