World Gold Council reported that the demand for gold will remain robust during 2010 as a result of accelerating demand from India and China, as well as increasing global investment demand driven by continuing uncertainty over public debt and economic recovery.
Duncastle Gold Corp. (TSX VENTURE:DUN)(FRANKFURT:5D3) reported today that it has signed a contract with Fugro Airborne Surveys Corp. to carry out a 514 line-km helicopter borne DIGHEM EM/Magnetic/Radiometric geophysical survey on its 100% owned Porphyry Creek project located 20 kilometers northwest of Smithers, in northwest British Columbia.
Gold imports by India, the world's biggest market for the precious metal, could drop for a third straight year in 2010 as record high prices scare off traditional buyers.
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