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Aussie Gold sales soar 900% to China
Thursday, October 18, 2012 2:12
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From The Australian
GOLD has soared past coal as Australia’s second most valuable physical export to China, with sales up a whopping 900 per cent for the first eight months of the year, bringing in $4.1 billion.
Chinese buyers are hoarding the precious metal amid a slowing economy, property-buying restrictions and uncertain financial markets as its central bank increases its holdings.
2012-10-18 02:01:47
Source: http://ausbullion.blogspot.com/2012/10/aussie-gold-sales-soar-900-to-china.html
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