Global gold demand dropped 11 percent in the three months to September from record levels seen in the same period last year, dampened mainly by fading Chinese fervor as its economy slowed, with stronger Indian demand stemming a larger fall, the World Gold Council said. Chinese gold consumption fell 8 percent in the July to September period to 176.8 tonnes, the WGC's quarterly demand trends report showed on Thursday, with both jewelry and investment demand hurt by a slowing economic growth. Data last month showed China's economy slowed for a seventh straight quarter in the July to September period. Chinese bar and ... (full story)