News Headline Summary

China expected to overtake India as number 1 gold consumer in 2012

- Chinese gold demand seen rising 1% to a record high of 800 tonnes in 2012.

Update details:

- That's as demand from India slows further, with key consumers in that country such as farmers hit by slower economic growth and steep prices due to a weak currency and higher import taxes.

Print 08:22, 08 Nov 2012 - Commodities - Source: Newswires