Both Precious Metals Expected to trade up Today. Global News and Updates indicate strong in Gold Silver.
The October-December quarter is expected to bring 250-300 tonnes of silver demand from India alone, a 50% increase over 2010 levels.
Gold, which is significantly more expensive in nominal terms, especially after fears of a European Debt Crisis contagion event, is expected to see a smaller 30-40% increase in demand.
Bullion Global News Analysis and Trading Strategy
The October-December quarter is expected to bring 250-300 tonnes of silver demand from India alone, a 50% increase over 2010 levels.
Gold, which is significantly more expensive in nominal terms, especially after fears of a European Debt Crisis contagion event, is expected to see a smaller 30-40% increase in demand.
Bullion Global News Analysis and Trading Strategy