Chinese gold consumption down 8% in Q3

BEIJING, Nov. 15 (Xinhua) -- Global gold demand fell in the third quarter of the year on the heels of a slowing Chinese economy and waning investor appetite for gold products, according to a report issued on Thursday by the World Gold Council.

Global gold demand fell to 1,084.6 tonnes in the third quarter, down from 1,223.5 tonnes during the same period last year, dampened mainly by waning Chinese consumption enthusiasm amid the country's slowing economy.

Chinese gold consumption dropped 8 percent to 176.8 tonnes in the July-September period. The country's bar and coin investment slid 12 percent to 53 tonnes, the report said.

We recommend:
A Decade of Fastest Development	Eastern Boom Lightens Western Gloom	Chinese firms 'potential Trojan horses'? slows
AVIC unveils new aircraft engines	Oct. data released, inflation slows	13th Int'l Automobile Industry Exhibition
China Int'l Industry Fair opens in Shanghai	Caofeidian coal wharf put into use	Galaxy Soho building in Beijing