May 20 2010
The global gold market has surged in recent years. Gold prices set new records. After breaking USD1,000/ounce in 2009, they hit USD1,245.4/ounce on May 13, 2010.
Demand from the jewelry industry declined in 2009, while investment needs doubled, taking up 38% of the total. Demand from Asia, with the largest production and consumption country in the region, is likely to further grow throughout 2010. Asia has seen a key drive in the global gold market. According to statistics, import volume from Asia has accounted for 60% of the global gold trade, with exports accounting for 40%.
Asia Gold Focus is a crucial industry forum on gold and precious metal in Asia. The forum was held in the Shangri-la Hotel Guangzhou in 2009 with a grand gathering of about 150 delegates from all over the world. Delegates held active and in-depth discussions on Asia's gold industry, especially investment. It was a fantastic platform for all.
Insiders in the global financial markets have strong concerns about inflation in 2010. Precious metals like gold and silver will be the highlight. The continuous rise of metal prices has brought challenges as well as opportunities to the entire industry chain, ranging from exploration, extracting, processing, selling and recycling.
CBI will hold Asia Gold Focus 2010 in Beijing on July 1 and July 2, 2010, on the basis of decades of accumulation in China's commodity market. Industry leaders and experts from China, India, USA, Canada, UK, Middle East, South Africa, Singapore, Japan, etc. will discuss hot topics including global gold price evolvement, opportunities in Asia, means to avoid gold price fluctuation, and financing and physical products from commercial banks and gold-related enterprises.