Gold is all set to enter into a new promising era. According to AngloGold Ashanti CEO Mark Cutifani, despite the decline in gold consumption by the Indian jewellery market, which has cut back on purchases because of the price increase, gold will be bullish.
That was highlighted by GFMS CEO Paul Walker in his recent presentation of the London-based metals consultancy’s Gold 2009 review, in which he said the gold market was being driven overwhelmingly by investment demand.
AngloGold chief sees new era for gold | 16 May 2009 | www.commodityonline.com
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