China still goes for the gold as haven _English_Xinhua

China still goes for the gold as haven _English_Xinhua: "BEIJING, Feb. 15 -- China surpassed the United States as the world's second-biggest retail gold market after India in 2007 by volume despite rocketing prices of the metal.

Total consumer demand in China's mainland, Hong Kong and Taiwan reached 363.3 tons, up 23.5 percent from a year earlier, the World Gold Council said in a research report.

India had a gold demand of 773.6 tons last year, while the figure in the US sat at 278.1 tons."