Chart of the week: China goes for gold

Spurred on by the collapse in the price, the Chinese having been snapping up gold. From jewellery to bullion bars, the increased gold sales have pushed China up the rankings of the world's largest consumers.

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China is the world's top gold producer and will soon be the largest consumer too. Chinese consumers, encouraged by last year's price slide, snapped up 1,176 tonnes of the yellow metal, a 41% increase on 2012.

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