India and China keeping the Gold Market Strong
Posted by Tia on August 25th, 2010India and China are keeping the Gold Market in a strong position in 2010 with it’s demand for growth and investment increasing. The world Gold Council has produced reports that the metal provides a steady return to investors over time due the attributes of Gold. The demand for Gold is primarily being made by Asian economies primarily to be used in Jewellery – the jewellery market in India has made a recovery and is the strongest in the world. The WGC are predicting a strong market in China and a acceleration of demand from the united states. In other parts of the world the gold jewellery consumption fell just 5%.
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Tags: Gold Market