graces the 48th Annual Convocation of IIFT
President of India Dr Hamid Ansari graces the 48th Annual
Convocation of the Indian Institute of Foreign Trade,
Deemed University, today. Union Commerce Secretary and
Chairman IIFT Rajiv Kher, Jt Secretary, JK Dadoo mark
their presence in the concluding ceremony of the convocation.
Surajit Mitra, Director, IIFT, delivered the opening address
for the event.
China emerges as world's largest jewellery market
China accounted for 26% of global private sector gold
demand. Taking advantage of lower prices the country's
consumers and investors increased their purchases of jewellery
and bullion by a combined 259 tonnes. Today, China has
emerged as both the world's largest jewellery and physical
bullion investment market. These facts illustrate the
extent to which China has become a key driver of global
demand. This report explores the factors which have led
to China becoming the world's leading gold nation and
examines what the future holds for Chinese gold demand.