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<p>[QUOTE="jjack, post: 1323254, member: 33596"]Just a clarification it is not all of Asia (Japan) but it is India and Chinese consumers are the ones buying up gold and silver in mass last 5 years. Russia is catching up with US btw.</p><p><br /></p><p><a href="http://www.forexyard.com/en/news/Gold-jewellery-consumption-by-country-2011-02-28T130619Z-FACTBOX" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.forexyard.com/en/news/Gold-jewellery-consumption-by-country-2011-02-28T130619Z-FACTBOX" rel="nofollow">Source</a></p><p> 2010 2009 % change</p><p><br /></p><p> India 745.70 442.37 +69 Greater China 428.00 376.96 +14 United States 128.61 150.28 -14 Turkey 74.07 75.16 -1 Saudi Arabia 72.95 77.75 -6 Russia 67.50 60.16 +12 United Arab Emirates 63.37 67.60 -6 Egypt 53.43 56.68 -6 Italy 34.85 41.40 -16 Indonesia 32.75 41.00 -20 United Kingdom 27.35 31.75 -14 Other Gulf 21.97 24.50 -10 Japan 18.50 21.85 -15 South Korea 15.87 18.83 -16 Vietnam 14.36 15.08 -5 Thailand 6.28 7.33 -14 TOTAL 1,805.6 1,508.7 20 OTHER 254.0 251.6 1[/QUOTE]</p><p><br /></p>
[QUOTE="jjack, post: 1323254, member: 33596"]Just a clarification it is not all of Asia (Japan) but it is India and Chinese consumers are the ones buying up gold and silver in mass last 5 years. Russia is catching up with US btw. [URL="http://www.forexyard.com/en/news/Gold-jewellery-consumption-by-country-2011-02-28T130619Z-FACTBOX"]Source[/URL] 2010 2009 % change India 745.70 442.37 +69 Greater China 428.00 376.96 +14 United States 128.61 150.28 -14 Turkey 74.07 75.16 -1 Saudi Arabia 72.95 77.75 -6 Russia 67.50 60.16 +12 United Arab Emirates 63.37 67.60 -6 Egypt 53.43 56.68 -6 Italy 34.85 41.40 -16 Indonesia 32.75 41.00 -20 United Kingdom 27.35 31.75 -14 Other Gulf 21.97 24.50 -10 Japan 18.50 21.85 -15 South Korea 15.87 18.83 -16 Vietnam 14.36 15.08 -5 Thailand 6.28 7.33 -14 TOTAL 1,805.6 1,508.7 20 OTHER 254.0 251.6 1[/QUOTE]
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