"..Turkey climbed up to third place among global gold markets in the second quarter of 2007 by surpassing the U.S. for the first time. And uncertainly in the Middle East (as evidenced in increasing tension between the U.S. and Iran and with the British withdrawal from Basra) is contributing to this increased demand in the region. Gold demand in Turkey increased by 14 percent in Q2 compared to the same period last year, to 20.5 tons."
More:Gold Investments Market Update