Text: | Print|

    China's gold jewelry demand drops 33% year-on-year in 2014   

    中國金飾需求同比降3成 專家:股市分流金市資金

    近日,世界黃金協(xié)會發(fā)布數(shù)據(jù)顯示,2014年全球黃金需求已降至5年來最低水平,與此同時,中國黃金首飾需求同比下降33%,而印度重新成為全球最大的黃金消費國。[查看全文]
    2015-02-16 13:01 Ecns.cn Web Editor: Wang Fan
    1

    (ECNS) - Demand for gold jewelry in China saw a 33 percent drop year-on-year to 624 tons in 2014, the People's Daily Overseas Edition reported Monday.

    Sales of bars and coins in China were down by 50 percent in 2014, according to "Gold Demand Trends 2014" by the World Gold Council (WGC).

    Zhao Ping, deputy head of the Consumer Economy Research Department at the Chinese Academy of International Trade and Economic Cooperation, says many customers are adopting a "wait-and-see" approach as the gold price continues to fall.

    Zhao says a falling gold price and a strong US dollar continue to lower demand for investment.

    Gold is not benefiting investors much in terms of fighting inflation, and it's not keeping and increasing its value, according to the WGC report, which also says that global gold demand in 2014 hit its lowest point in five years.

    After a steep drop to $1,131.85 per ounce last December, the global gold price recovered to over $1,300 at the end of this January, but tumbled to less than $1,230 last week, the report says.

    Analysts have said that the Greek debt crisis, the unpredictable Ukrainian situation, the eurozone's quantitative easing policy, the US's economic uptrend, and China's strong economy all contribute to the problem.

    Comments (0)
    Most popular in 24h
      Archived Content
    Media partners:

    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 东乡族自治县| 玛沁县| 冷水江市| 寿光市| 达拉特旗| 安泽县| 隆子县| 日照市| 寻甸| 商水县| 昌都县| 西盟| 扎鲁特旗| 新化县| 新田县| 平利县| 格尔木市| 大荔县| 潞西市| 奎屯市| 宾阳县| 武隆县| 崇州市| 色达县| 汤阴县| 桐乡市| 图们市| 教育| 绥宁县| 龙岩市| 永仁县| 肥西县| 呼图壁县| 恩平市| 延边| 长治县| 田林县| 林芝县| 改则县| 成安县| 枞阳县|