Seasonal Factors Indicate Strong Upcoming Demand for Gold

Jan. 25, 2011 - PRLog -- Gold coin demand will seasonally increase over the next few weeks in advance of the Chinese New Year celebrations starting February 3. This is a traditionally strong demand period for gold coins and experts are predicting that it will show up in gold prices in the next week or two.

According to BullionVault.com research based on GFMS data from the World Gold Council, the January through March period has seen China’s private household gold demand increase an average of 22 percent from the previous nine months. That trend has held up since 2005.

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