{"id":436095,"date":"2013-11-19T22:10:18","date_gmt":"2013-11-19T18:10:18","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=436095"},"modified":"2013-11-19T22:10:18","modified_gmt":"2013-11-19T18:10:18","slug":"china-leads-the-world-in-gold-consumption","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2013\/11\/19\/china-leads-the-world-in-gold-consumption\/","title":{"rendered":"China leads the world in gold consumption"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/11\/Gal.china_.gold_.jpg_-1_-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-436096\" alt=\"China leads the world in gold consumption\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2013\/11\/Gal.china_.gold_.jpg_-1_-1-300x168.jpg\" width=\"300\" height=\"168\" \/><\/a><\/p>\n<p>China ranked the top of the standings in the global gold consumption during the third quarter of this year , reaching their purchases , during this year , 798 tons.<\/p>\n<p>Thus exceeded its Asian counterpart China , India, the largest consumer of the precious yellow metal as recent bought 715 tons during the same period , according to the World Gold Council report .<\/p>\n<p>The Council cut its forecast for consumption in India rose 10 per cent to 900 tonnes , compared to China &#8216;s thousand tons by the end of this year .<\/p>\n<p>The demand comes driven by Putnam fast to slice medium households in the country with a population of 1.5 billion people , and the increasing rate of spending among consumers despite the slowing economy , after decades of steady growth.<\/p>\n<p>He explained Albert Cheng , head of the Far East Gold Council : &#8221; rising incomes and a growing middle class in China is the motive behind the rise in demand.&#8221;<\/p>\n<p>The Chinese stocks and real estate , along with the precious metal the best means of investment.<\/p>\n<p>The decline in demand for the precious metal in India , the largest state in terms of the traditional consumption of gold in the world, by 32 per cent during the last quarter of the year, the impact of government &#8211; imposed restrictions on the import of gold and raise taxes .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China ranked the top of the standings in the global gold consumption during the third quarter of this year , reaching their purchases , during this year , 798 tons. Thus exceeded its Asian counterpart China , India, the largest consumer of the precious yellow metal as recent bought 715 tons during the same period [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":436096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-436095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-news"],"_links":{"self":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/comments?post=436095"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/436095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/436096"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=436095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=436095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=436095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}