Gold jewellery demand continues and investors pile in

The price of gold has soared during the recession as investors sought a safe haven as shares and other assets fell.
In its latest quarterly bulletin, the WGC says retail investors appear to be big drivers of demand for gold.
And the WGC also anticipates growing demand from China if the country relaxes restrictions on the market.
Gold demand rose 115% quarter-on-quarter to 84.8 tonnes in Europe,We have sold authentic Australian UGG, ugg classic tall direct from our UGG Boots warehouse to customers all over the World. said the WGC, which represents gold producers.
In the second quarter, Europe accounted for 35% of the world's demand for small gold bars and coins.MBT shoes stands fo Mbt sport shoes "Masai Barefoot Technology"In addition, MBT shoes can have a firming effect on abdominal,letand butock muscles.
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In 2008, demand for gold bars and coins was 243 tonnes, rising to 293 tonnes in 2009.
In the early years of this decade, demand for gold across Europe often failed to rise above single figures.
New high
"It can be argued that, while many of these buyers undoubtedly turned to gold as a 'flight to quality'.Wholesale christian louboution shoes,true religion Jeans, ed hardy shirt,Asics Shoes,mbt shoes,supra shoes,laguna beach jeans,addidies are our hot selling brand,and we would like to recommend these to u. our goods are high quality and supply wholesale price... their return to gold has proved resilient, even as a sense of optimism has started to pervade some sectors of the investor community," the WGC said.
During the second quarter of 2010 the gold price hit a new high of $1,261 an ounce.
Gold jewellery demand in India, the largest jewellery market, was little changed, down just 2% to 123 tonnes on the same period last year.
Demand for gold jewellery in mainland China rose by 5% to 75.4 tonnes.
Earlier this year, Beijing published a report, Proposals for the Development of the Gold Market. If implemented, the proposals could generate a huge expansion in demand from consumers.

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