Gold demand in China, the world's biggest consumer, plunged in Q3 as record prices and a sluggish economy hurt consumption, especially for jewelry, Bloomberg reported Monday. Total demand fell 22% ...
(Bloomberg) -- Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for ...
Jewelry consumption tumbled 29% to 130 tons, while for bars and coins there was a 9% drop to 69 tons. Gold prices have rallied by about a third this year, hitting a fresh peak last week ...
Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry.
The view that the value scale is hard-wired in people’s heads provides the foundation for the simplistic supply-demand curve framework. Thus, according to popular thinking, at a given price, there is ...
The price of gold jewelry (96.5% purity) surged to 43,900 baht per baht weight after three consecutive price increases in the morning (Oct22), totaling a 150-baht rise. BANGKOK, Thailand – Gold ...
An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).