The World Gold Council Q2 gold demand trends report

Discussing the World Gold Council's Q2 gold demand trends report and a look at where gold may go from here, with Marcus Grubb, The World Gold Council "it is at a new high. we released a new report with a strong high. we saw a very strong performance from India and China, strong jewelry demand as well in the second quarter. we don't believe gold is in a bubble." "absolutely. you have seen strong bar demand and join demand up about 13%. largely that's been in india and china this time around. partly on the back of high inflation figures in both of those countries. also, i think -- demand for physical gold. to hold physical gold in the difficult economic times in western countries. in particular in Europe and united states."

World Gold Council CEO outlook for Gold

Bold Predictions From World Gold Council

Dec. 7 2010 | Aram Shishmanian, CEO of the World Gold Council, shares his outlook on the hot commodity with CNBC's Sharon Epperson