demand for gold around Asia appears to be strong, with indications that Chinese were solid buyers during the Golden Week holiday. Lower prices helped draw buyers off the sidelines.
physical sales in China during the seven-day holiday were 50% higher than levels seen a year earlier, in spite of spot prices that were around $300 per ounce higher.
“The real test for gold however will come when global economic/market sentiment sours again since the sovereign debt crisis... is far from fixed as yet
