| From Saudigazette.com.sa: The World Gold Council (WGC) expects that demand for gold will be strong during 2010, driven by growing demand for jewelry in China and India as well as an increase in European and US investment in the context of continued economic instability, sovereign risk and the threat of a ‘double dip’ recession.
According to WGC’s Gold Demand Trends report, published today, demand in India and China will continue to grow, driven by jewelry demand, in spite of high local currency gold prices. In Q1 2010, India was the strongest performing market as total consumer demand surged 698 billion to 193.5 tons..............................................Full Article: Source
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