Gold

Paragon Report released research on Paramount Gold & Silver Corporation (AMEX:PZG,TSX:PZG), Rubicon Minerals Corporation (AMEX:RBY,TSX:RMX) and global gold demand.

Paragon Report released research on Paramount Gold & Silver Corporation (AMEX:PZG,TSX:PZG), Rubicon Minerals Corporation (AMEX:RBY,TSX:RMX) and global gold demand.

As quoted in the press release:

China and India jointly accounted for 51 percent of global gold demand for investment and jewelry. According to the World Gold Council, Chinese demand for gold as an investment surged 70 percent in 2010 from a year earlier, outpacing all other markets in terms of the rate of change in demand for gold bars and coins as a store of value.

Click here to read the Paragon Report press release.

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