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TheStreet.com: Gold Prices Wait for Fed

LONDON, 26 January 2011 - Comment from world-leading online gold specialists BullionVault features today in TheStreet.com's latest gold market report.

"The combination of [jewelry, investment and industrial demand] works well in different periods of time," the New York-based financial site - part of the Dow Jones group - quotes Juan Carlos Artigas, investment research manager for market development group the World Gold Council.

However, "Asian demand is switching to more cost-efficient units," notes Adrian Ash, head of research for BullionVault, "first from jewelry to coins and ingots, and now onto large internationally-accepted wholesale bars."

"As alternative ways of investing in gold are promoted in Asia, and in particular China, then investment demand could find new support," says TheStreet.

You can read the market report online at TheStreet here.


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Source: 
TheStreet.com