North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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By Curt Freeman
For Mining News 

Gold demand could shake world markets

China shifts from largest producer to largest buyer of precious metal as growing middle class and bullion reserves drive trend

 

Last updated 4/25/2010 at Noon



As Alaska's mining industry moves into the frenetic summer exploration and development season, the rest of the world is being buffeted by wild financial and commodity "mood swings" that are affecting the metals markets. The big markets shake the little markets and the little markets shake Alaska. Perfect example: the World Gold Council recently reported that China's growing middle class is expe...



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