Chinese demand is set to slow in 2014. Analysts suggest that the surge in imports in 2013 was partly thanks to the opening of wholesale showrooms, a source of demand not expected to continue into 2014.
In part four of Jan Skoyles and Koos Jansen’s look into China’s gold market they turn their attentions to the individuals behind the moves to get China investing in gold. In our infographic we highlight the top ten. Read on to find out more about these individuals and some of their contemporaries.
In part three of their collaboration focussing on the Chinese Gold market, Jan Skoyles and Koos Jansen delve into the key elements of the gold contract on the Shanghai Futures Exchange and present what they believe is a growing cog in the international gold market.
The Chinese government acknowledged gold as a strategic asset in 2000, when it included the establishment of an open gold market in its five year economic plan. Since then China has come to play a significant role in the international gold market as it strives to develop and advance all aspects of the industry and gold’s role in the domestic market.
Since the middle of April we have all heard the gold bear cry of ‘it’s over, gold is done with…the bubble has burst.’ But not many of these so-called expert commentators have really looked into the strength of demand in the East.