Friday, October 19, 2012

Australian gold exports to China surge over 900% In First 8 Months Of 2012!

Australian sales of gold to China have surged a staggering 905.4% on the back of the Middle Kingdom's efforts to short up its foreign currency reserves.
The stunning year-on-year gain in gold sales to China for the period of January to August in 2012 has left the precious metal Australia's second most valuable tangible export to the emerging Asian giant at AUD$4.2 billion in total, replacing stalwart commodities export coal.

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