NEW YORK, 21 October 2013 – Miguel Perez-Santalla, vice-president for business development at BullionVault, is quoted today in CNBC's latest report on the gold market.
Refuting claims that ETF trading sets the price of gold short term, "The futures market dictates the price," says Miguel.
Yet outside the investment market, "The lower price of gold has become quite attractive for industry especially jewelers around the world," he goes on.
See the CNBC story, syndicated to Finance Yahoo, here:
Source:
CNBC
