Still shining
By Hu Xiaocen |
April 20, 2012, Friday
|
Print Edition
Print Edition
GOLD'S long-term price trend was maintained in the first quarter of 2012, the World Gold Council has said.
The WGC said in a report that the average price of gold in the first quarter rose 22 percent from a year earlier.
The US economic recovery in the first quarter made the metal less attractive to investors, but shifting emphasis toward countries like India and China, the two biggest gold markets, has backed the price trend, the WGC said.
The WGC said in a report that the average price of gold in the first quarter rose 22 percent from a year earlier.
The US economic recovery in the first quarter made the metal less attractive to investors, but shifting emphasis toward countries like India and China, the two biggest gold markets, has backed the price trend, the WGC said.
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