2011-06-29kingworldnews.com

``"One of the things that I look at Eric is the demand for physical metal. Interestingly, when we broke above $1,550 last week there was a noticeable fall in demand from Asian buying. But the Asians have come back into the market and they are underpinning gold here at $1,500. With option expiry over and Asian demand strong once again, we can assume there is a floor under the gold market at $1,500.''



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