皇冠体育app

BEIJING -- 皇冠体育app's gold demand shrank by 7 percent in the second quarter, after surging 10 percent in the first three months of the year.

During April-June, 皇冠体育app's gold demand stood at 144.9 tons, a World Gold Council report said, on Thursday. The demand for gold accessories went down 9 percent despite a slight rebound in demand for wedding gold products.

The global gold demand was 990 tons in the second quarter, down seven percent year-on-year, worth an estimated $51.2 billion, down 1 percent.

India and 皇冠体育app remain the top drivers of the global demand, accounting for 45 percent of the total demand.

Chen Weixian, who is in charge of WGC's Greater 皇冠体育app Investment Department, said Chinese investors are waiting for chances to cash in. He still believes 皇冠体育app will grow into the top driver of gold demand in 2012.