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Gold campaign for rural areas

Business | Precious metals and gems
2009-9-23

THE World Gold Council is planning what it calls an unprecedented campaign to encourage gold sales in rural China, where higher farm incomes and government stimulus programs are feeding demand. "Rural areas showed...

Gold demand to retain sparkle

Business | Precious metals and gems
2009-9-11

CHINA'S retail gold demand is likely to maintain a stable double-digit growth in the second half of the year even if bullion prices rally above US$1,000 an ounce again, a key industry body said yesterday. First-half...

Retail gold demand climbs

Business | Precious metals and gems
2009-5-22

CHINA'S retail gold demand rose 2 percent in the first quarter on stronger appetite for jewelry while the desire for the yellow metal declined worldwide, the World Gold Council said yesterday. The demand in China...

WGC eyes launch of gold ETF trading

Business | Precious metals and gems
2009-5-16

THE World Gold Council is working with Chinese partners to introduce a gold exchange traded fund (ETF) on China's mainland, its China manager said yesterday. "It's a natural trend for China's mainland to introduce...

Crisis set to bite into gold sales in China

Business | Precious metals and gems
2009-4-8

THE volume of gold sales in China is expected to be stagnant this year due to the spill-over of the financial crisis, said a senior manager at the World Gold Council yesterday in Shanghai. "We expect the total...

Investors going for gold as a safe haven

Business | Precious metals and gems
2008-11-20

DEMAND for gold in China rose 18 percent in the third quarter as consumers turned to the precious metal as a safe haven for their cash, the World Gold Council said yesterday. Demand rose to 109 tons in the third...

High ambitions for golden share

Business | Precious metals and gems
2008-9-5

THE World Gold Council said yesterday it plans to expand the market share of high-end piece-priced 24-carat gold jewelry to 15 percent by 2010. Such pieces are less vulnerable to price fluctuation of gold as they...

Price instability may dim demand for gold

Business | Precious metals and gems
2008-6-4

DEMAND for gold in China may slow in the second and third quarters on price fluctuations and the weaker consumption enthusiasm after the Sichuan earthquake, the World Gold Council told Shanghai Daily yesterday. "The...

Only Gold will do

Business | Precious metals and gems
2008-5-23

SHANGHAI Lao Miao Jewelry Co teamed up with the World Gold Council to launch new series of the Only Gold campaign to boost 24-carat gold demand in China. The local jeweler is adjusting its gold jewelry structure...

China passes US as world's second-biggest gold market

Business | Precious metals and gems
2008-2-14

CHINA surpassed the United States as the world's second-biggest retail gold market last year despite soaring prices. Total consumer demand on the Chinese mainland, Hong Kong and Taiwan reached 363.3 tons, up 23.5...