USD 63.6336

-0.13

EUR 70.9196

-0.25

BRENT 59.39

-0.21

AI-92 42.28

0

AI-95 46.05

+0.01

AI-98 51.7

-0.05

Diesel 46.26

+0.01

17

China To Join Biggest Gold Importers

China could become one of the world's biggest gold importers

China could become one of the world's biggest gold importers, Shanghai Gold Exchange president Wang Zhe stated.

The country's gold trading volume increased by 36% in 2005, and Zhe said China "has the potential to be one of the biggest gold markets in the world," according to the Financial Times.

His views are supported by recent consumer spending.