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China May Surpass India as Biggest Gold Market, WGC Says

Gold demand in China may surge as much as 30 percent this year as rising incomes boost consumption, helping the country topple India as the world’s largest bullion market on an annual basis, according to the World Gold Council.

Demand, which rose to a record in the first quarter, may gain to between 900 metric tons and 1,000 tons this year, from