China world's largest gold consumer in 2013: Report

The report released by the London-based World Gold Council (WGC) Tuesday said the demand for gold in China set a remarkable new record of 1,066 tonnes, a rise of 32 percent year-on-year.

China H1 gold consumption soars, set to surpass India as top user

China consumed 706.36 tonnes of gold in the first half of 2013, up 54 percent from the year-ago period, the China Gold Association (CGA) said in a statement on its website on Monday.