China was world's biggest consumer in 2013. - Global demand for gold fell by 15% in 2013 compared to 2012, following the historic flight by investors and massive exchange traded funds in gold (ETF) for the first time since they were created 10 years ago. In its annual report, the World Gold Council indicated that prices for gold experienced a sudden plunge of 29% in 2013. With the fall in prices and the emergence of the middle class in the country, the demand from Chinese consumers soared by...