China's gold consumption jumped 54 percent in the first half of the year to 706.36 tonnes, the China Gold Association said, as lower prices of the precious...

Gavin Wendt

China's gold consumption jumped 54 percent in the first half of the year to 706.36 tonnes, the China Gold Association said, as lower prices of the precious metal attracted buyers. China, which is set to overtake India as the world's biggest gold consumer this year, consumed 832.18 tonnes in all of 2012 and about 460 tonnes in the first half of 2012.


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James Marlay

Gav, do you have a view on how the gold price is placed after the recent and quite dramatic pull back? It feels like things have settled down a little and potentially some emerging value in the sector.

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