Gold Prices Shining Due To High Demand.
Demand for Gold is currently more than supply thanks to weak economic data from US, European crisis and uncertain stock and real estate markets. The prices may touch new highs due to the festival season buying from domestic buyers.
According to World Gold Council's report demand for Gold in India increased by 94 percent in the fist half of 2010.
Domestic buyers of Gold includes customers of Jewellery, coins and bars. Still Gold is considered as safest and most liquid asset compared to stocks and other metals.