More than 10 days and still the price of gold is trading below the levels of $ 1,300 and record the lowest level at $ 1,260 , although strong demand from China for jewelry and gold coins contributed to mitigate somewhat of a decline in price of the yellow metal after it fell strongly beginning in the month of April and beyond in a month June
Analysts say that China will import more than 10.00 tons of gold this year and first place from India a title of gold in the world after it introduced the Indian government some difficulties on the import of gold in order to reduce the deficit in the trade account , which reached record levels and was the first reason in deterioration of the Indian currency in recent months, and also point out that China ‘s demand for gold will not record its highest level only after 6 to 8 weeks of the date on which the Chinese New year .
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