Is the gold price bubble ready to burst?

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According to the World Gold Council, Download10058 for gold remained strong in the second quarter of 2011. China and India Download10058 the largest buyers of gold; however the World Gold Council reports thatDownload10058 was one of the top Download10058 buyers in 2010, but demand has declined by 21 tons in Q2 2011 or 16% below the Download66658 year’s levels. The Download10058 demand for gold from the Middle East region has been Download66658 to the rising price of gold and continued regional unrest Download10058 purchases of Download66658 jewellery. Saudi Arabia is the largest jewellery producer in the Download66658 using 140 tons of Download10058 a year.


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