March 06, 2012 at 14:00 PM EST
Where's Gold Going? A Q&A With Marcus Grubb, World Gold Council
In its 2011 Gold Demand Trends report released in February the World Gold Council said that not only did global gold demand exceed more than $200 billion last year for the first time but that China could possibly replace India as the world’s largest gold market in 2012. World Gold Council Managing Director of Investment Marcus Grubb points out a few gold demand trends to watch in 2012 and talks about last week’s price drop. You mention in the report that in 2011 there were two factors driving gold demand -- Asian growth and optimism and a Western desire ...
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