10 September 2010
Indian gold jewelry demand will be sustained
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Demand for gold jewellery in the Indian market is set to continue, according to Interactive Investor.The investment news provider cites Suki Cooper, an analyst at Barclays, as one of a number of experts anticipating a robust future for the sector http://socialworkdegreesonline.net/."We continue to expect physical demand to provide an increasingly solid floor for gold prices to build gains upon," the analyst tells Interactive Investor.This is in spite of the fact that the Barclays expert sees "the baton being passed" from physical demand to investment appetite at present.John Meyer, analyst at Fairfax, adds that gold will continue to prove attractive to investors while economies remain volatile.The Economic Times recently reported that investment into different forms of gold - such as jewellery, bars and coins - can carry a variety of price premiums.For instance, jewellery is typically priced according to its aesthetic appeal and workmanship, whereas gold bullion is more likely to be charged based on its content of the precious metal.
Indian gold jewellery ‘will see continued demand’
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