China's Insatiable Demand for Gold
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
By Frank Holmes
NEW YORK (TheStreet) -- The World Gold Council released its quarterly "Gold Demand Trends" report last week and, as always, it was filled with fascinating data on the strength of the global gold market.
Gold demand grew 11 percent to 981.3 tons during the first quarter of 2011, worth $43.7 billion at quarter-end's price levels.
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