Gold to restore the gains in three of conditions

The first is the debt crisis in Europe is heating up again, to promote the inflow of funds into gold as a hedge. Second is the world's major central banks, especially the U.S. Federal Reserve (Fed), launched a new one of quantitative easing (QE), which led to the devaluation of paper money. 3:00 is the most important, namely India and China must increase the demand for physical gold.China, India is a global gold before the big buyer, the previous quarter, demand both fell. The second quarter of India's gold demand to 181.3 tonnes, dropped by 38 percent over the same period last year, shrinking by 13% than the first quarter of reasons levied on gold import duty, the rupee and slowdown in economic growth. Even if the second half of the demand and flat in the first half of the total gold demand this year is only about 778 tonnes, about 184 tons less than last year.The second quarter gold demand in China dropped by 43 percent over the previous quarter to 144.9 tonnes, the second half of the demand and the first half of equivalent total demand will be approximately 800 tonnes, only 29 tonnes more than last year. With the inflation annual rate of 1.8% and the slowdown in the economy, the second half of the demand it is difficult to rebound sharply.View last year's support price of gold climbed arrived in a new high of three factors: The euro zone disintegration accompanied by quantitative easing worries that the central bank to buy a large scale, in India the strong economic expansion driven by demand and inflation concerns. Today, Indian inflation concerns cool, but it faces a slowing; the possibility of the disintegration of the euro area has lower than the end of last year and the first half of this year; the Fed and other major Western central banks may still be dishing out the QE, but the possibility of reduced.