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FT Money: Gold heads north on demand from the east

LONDON, 2 April 2010 - Analysis from gold-ownership service BullionVault features in this weekend's FT Money supplement from the Financial Times.

Reviewing the phenomenal growth in China's private gold demand - rising to 11% of the global total last year on the FT's maths - "If gold were bought at the same per capita rate as it currently is in India, Hong Kong and Saudi Arabia, demand could increase by up to 4,000 tonnes in the jewellery sector alone," says the paper.

On the other side of the market, however, the gold-mining sector hasn't seen any "elephant finds" for many years, notes Adrian Ash, head of research at BullionVault.

You can read the full story at the FT here.

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FT Money