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Blog Post: Gold Demand on Increase

Gold experts are reporting that buying gold, especially gold bullion coins, has shifted east from Europe back to traditional markets in India, Vietnam, Turkey and China.

 
PRLog - Jul. 31, 2010 - BEVERLY HILLS, Calif. -- Gold experts are reporting that buying gold, especially gold bullion coins, has shifted east from Europe back to traditional markets in India, Vietnam, Turkey and China.

The European countries dominated the demand for gold when Greece hit the financial skids, however demand has slowed since the European Union announced that banks across the continent performed better than expected on the recent stress tests.

Now the demand for gold is back where it traditionally is this time of year – Asia. As Asian markets continue to heat up, the demand for gold and buying of gold coins are expected to increase and potentially increase the market price of gold.

This shift of demand and softening price may just be the entry point investors have been waiting for to buy gold, especially gold bullion coins. For more information about buying gold coins for your portfolio, please check out the Global Gold Group website at http://www.aglobalcurrency.com

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Source:Global Gold Group
City/Town:Beverly Hills - California - United States
Industry:Consumer, Finance, Reports
Tags:gold, gold ira, retirement, gold coin, buy gold, bullion coin, buy silver, gold investment, stocks, gold bullion
Shortcut:prlog.org/10826271
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