Gold, platinum and silver prices rose on strong demand in China and India.

Sahit Muja

Sahit Muja: Gold, platinum and silver prices rose on strong demand in China and India.

Albanian Minerals expect that Global demand for gold, Platinum and Silver to rise over 20 percent each year in the next five years and sharply outpace global production.

 

Gold, platinum and silver prices rose  today on concerns over the debt crisis in Europe and increasing demand in China and India.

 

Investment demand for gold in India climbed 10% to a record  in 2011.

 European governments still face years of paying down their debts.

 The investors demand is one of the main factors affecting  gold, platinum and silver prices in global markets today".

 

Devaluation of the euro and  dollar,  inflation, and exchange rates are other factors that have also contributed on rising gold, platinum ans  silver prices.

 Platinum jewelry demand in China rise by 80% in  2011, by 50% in India 40% in the USA and 30% in Europe and  U.K. 

 

Gold, platinum and silver demand in China, India, Qatar, Russia, Saudi Arabia has increased sharply in 2011 as more investors use gold, platinum and silver as a store of value.
 

About 70% of China's silver demand comes from the industrial sectors.

 Silver is widely used in  the production of solar panels, electronic products, jewelry, industrial production,  medical equipments, and water purification industries. 

 

Albanian Minerals is investing in gold, platinum, silver and other metals with huge confidence of big returns as prices will go up.

Sahit Muja

President and CEO

Albanian Minerals

New York