Gold not yet approaching a turning point - GFMS
Bar demand in China and India soared last year. Bar purchases in Europe and North America, which had exploded previously, fell in 2010, but that does not mean the run is over
Author: Rhona O'Connell
Posted: Wednesday , 13 Apr 2011
http://www.mineweb.co.za/mineweb/view/mineweb/en/page33?oid=124963&sn=Detail&pid=102055
Although bar demand in North America and Europe took off in 2008 and 2009, it was demand in India and China that really powered ahead in 2010.
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