Global demand for gold, platinum and silver to outpace production

July 22, 2011 - PRLog -- Global demand for gold, platinum and silver to outpace production
Gold and silver prices rose on demand in China and India.
Gold is up to $1,603.40 per ounce, platinum is up to $1791 and silver rose to $40.33 per once
Albanian Minerals Ceo Sahit Muja said  "I expect that global demand for gold, platinum and silver to rise over 25 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.
China's gold demand to rise about 20 percent to near 700 tonnes this year from 570 tonnes in 2010.
Investment demand for gold in India climbed 60% to a record 217.4 tons in 2010, according to the World Gold Council.  
In the first quarter of 2011, demand for gold rose 8% to 85.6 tons.

European leaders struck a deal to help Greece manage its debt, but European governments still face years of paying down their debts.
Albanian Minerals President and CEO said "The investors demand is one of the main factors affecting  gold, platinum and silver prices in global markets today".

Devaluation of the 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 the first quarter of 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.
Albanian Minerals
New York

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Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe