Gold demand near record levels in India and China is credited with turning around global drop in prices.
By Glenys Sim and Nicholas Larkin, Bloomberg|August 21, 2013 at 06:22 PM|Originally published on Treasuryandrisk.Com
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The rout in gold that wiped out $56 billion of value this year is spurring consumer demand in China and India, the biggest buyers, and leading JPMorgan Chase & Co. and Bank of America Corp. to say prices are bottoming.