Friday, December 14, 2012

Gold analysts do not dwell on China and India, despite 40pc market share





Take seven recent research reports on the outlook for gold from top-ranked investment banks and consultants, and you'll find one thing in common: virtually no mention of China and India.


This is astonishing when you consider that those two countries account for 40 per cent of the physical gold market.


Of the seven reports read for this column, which included articles from Goldman Sachs, Morgan Stanley, Deutsche Bank, Barclays and ANZ, five didn't contain the words China and India, one mentioned China but not India, and only one talked a little about both countries.









via Business feed http://www.scmp.com/business/commodities/article/1104777/gold-analysts-do-not-dwell-china-and-india-despite-40pc-market

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