RPT-UPDATE 2-China gold imports to surge
Fri May 27, 2011 12:38am GMT
...
Increased appetite for silver investment products too, combined with a forecast 16 percent annual growth in industrial demand, means China's total silver consumption could outstrip domestic supply this year, said Philip Kalpwijk, executive chairman of GFMS.
"There is a widening demand for silver as investment in China because of its lower entry point. It is also being increasingly recognised as an physical investment asset, which will support demand," Kalpwijk told a conference in Shanghai.
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http://af.reuters.com/article/metalsNews/idAFSGE74Q00220110527
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