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China's gold imports may exceed 400 T in 2011

Shanghai, May 26, 2011

China's gold imports may exceed 400 tonnes this year and investment demand for the precious metal was seen reaching 300 tonnes from around 200 tonnes in 2010, a senior executive at metals consultancy GFMS said on Thursday.

Philip Kalpwijk, executive chairman of GFMS, also said China's industrial demand for silver was expected to grow by 16 per cent this year from 2010.-Reuters




Tags: China | investment | commerce | Trade | Commodities | precious metals | Silver | gold imports |

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