China is set to overtake India as the top gold consumer this year, with demand hitting 209.6 tonnes in the third quarter. Photo: Xinhua China is set to overtake India as the top gold consumer this year, with demand hitting 209.6 tonnes in the third quarter. Photo: Xinhua
China is set to overtake India as the top gold consumer this year, with demand hitting 209.6 tonnes in the third quarter. Photo: Xinhua

Sole support from China for gold demand may not last

Slump in Indian consumption and absence of other drivers dash hopes for a rally in prices

China is set to overtake India as the top gold consumer this year, with demand hitting 209.6 tonnes in the third quarter. Photo: Xinhua China is set to overtake India as the top gold consumer this year, with demand hitting 209.6 tonnes in the third quarter. Photo: Xinhua
China is set to overtake India as the top gold consumer this year, with demand hitting 209.6 tonnes in the third quarter. Photo: Xinhua
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