Retail in Asia

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India retains top slot in gold consumption

An 83 percent fall in India’s demand in gold in January-March in 2009 made China the top consumer during the first quarter of the year.  The consumer demand trends for individual countries for 2009, however, show that India is still the top consumer, thanks to 57 percent consumption growth (with 76 percent growth in jewellery demand alone) in the fourth quarter.