China will become the world's biggest gold consumer of the year, Reuters stated based on the World Gold Council’s forecast.

Until  September 30, China has already imported 797.8 tones of gold, whereas the results of India, the leader of 2012, is 715.7 tones. China is expected to increase the gold import up to 1000 tones until the end of the year, whereas India's index won't exceed 900 tones.

"The flow of gold from the west to east is continuing. Western investors do not see the opportunity in gold but Asians are picking it up",- World Gold Council directing manager Albert Cheng told Reuters.