The World Gold Council (WGC) stated in a latest update that in 2021, the 56% y-o-y rise in Chinas gold consumption marked a strong comeback from 2020. And Chinese gold demand will likely remain strong in 2022. WGCs quantitative analysis supports this view, despite concerns around a potential slowdown in Chinas economic growth. Additionally, there are qualitative factors that might provide further support, including: an increasing interest in gold jewellery among young consumers greater pricing transparency the endeavour of local commercial banks to sell physical gold products.
Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
