a little thank you :)
Thank you for your strong support to The Four Loves. Many of our items in the estate collection were sold within the week. As a budding enterprise, we are really humbled by the experience thus far. New estate items will be launched soon so do stay tuned!
With increasing demand for gold, here is another reason why now is the time to pamper yourself with beautiful jewellery and diversify your investment portfolio.
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China’s gold consumption in 2013 exceeded 1,000 tonnes for the first time to 1,176.4 tonnes, a 41.36 percent increase over the previous year. Its production rose 6.23 percent to 428.163 tonnes in the same year, making the country the world’s biggest gold producer for seven consecutive years, China Gold Association said recently. Its gold jewellery demand climbed 42.52 percent year on year to 716.5 tonnes and its gold bar demand reached 375.73 tonnes, a 56.57 percent increase over 2012, the association said.
Xiao Lei, a gold market senior researcher, toldChinese official newspaper People’s Daily that the surge in the two categories was a result of last year’s gold buying spree spurred by the precious metal’s price drops. However, Xiao said there is still room for jewellery growth in the country. The average possession of gold in China is less than one-fifth of the global average and less than one-tenth of the average in developed countries. -Copyright JNA |
