China Holds the Keys to the Gold Market

http://www.usfunds.com/investor-library/frank-talk/china-holds-the-keys-to-the-gold-market/#.U2E9gFea9dC

Last year China’s private-sector demand for gold reached a record level of 1,132 tonnes, and according to the World Gold Council (WGC), the Asian nation could easily dominate the gold market once again, as they predict demand growing 20 percent by 2017.
This updated projection from the WGC confirms what I've written about previously: China’s love for the precious metal remains robust. We are witnessing this country transform into an economic powerhouse, and now, the world’s largest gold market! I think it’s important for investors to recognize the main drivers behind this tremendous growth.