{"id":927,"date":"2008-05-15T02:28:40","date_gmt":"2008-05-15T02:28:40","guid":{"rendered":"http:\/\/indonesiajewelry.com\/news\/2008\/05\/15\/gold-demand-rises-despite-price-dip-wednesday-14th-may-2008\/"},"modified":"2008-05-15T02:28:40","modified_gmt":"2008-05-15T02:28:40","slug":"gold-demand-rises-despite-price-dip-wednesday-14th-may-2008","status":"publish","type":"post","link":"https:\/\/indonesia-product.com\/news\/gold-demand-rises-despite-price-dip-wednesday-14th-may-2008\/","title":{"rendered":"Gold demand rises despite price dip – Wednesday 14th May 2008"},"content":{"rendered":"

<\/p>\n

he demand for gold in Asia and the Middle East is rising, a UK newspaper attests.<\/p>\n

This is according to the Guardian, which states that buyers of gold jewelry in countries such as Vietnam and Indonesia have surged, helping to dispel the effects of the end of the festival season in India. <\/p>\n

Frederic Panizzutti, a metals analyst for MKS Finance, said that he was optimistic about the market for buying gold<\/a>, which could be of interest to investors as it may give a boost to prices in the long-term.<\/p>\n

“The physical activity is quite good, it’s still reasonable. We expect the market to get back to gold and push it higher but you need to consolidate somewhere between $850 and $950[an ounce],” he told the Guardian.<\/p>\n

India is the world’s largest consumer of gold and other Asian countries are now following in its footsteps as they emulate the western world in gold investment as a hedge against inflation.<\/p>\n

Looking to Buy Gold<\/a> today? For direct access to live Gold Market<\/a> prices – and to save up to 80% compared with coin dealers’ fees – click through to BullionVault<\/a> now\u00e2\u20ac\u00a6<\/p>\n

Goldbug<\/a>, 14 May ’08<\/em><\/p>\n

Source: http:\/\/goldnews.bullionvault.com\/<\/p>\n","protected":false},"excerpt":{"rendered":"

he demand for gold in Asia and the Middle East is rising, a UK newspaper attests. This is according to the Guardian, which states that buyers of gold jewelry in countries such as Vietnam and Indonesia have surged, helping to dispel the effects of the end of the festival season in India.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[411],"tags":[],"yoast_head":"\nGold demand rises despite price dip - Wednesday 14th May 2008 - Directory of wholesale, manufacturers, distributors, importer and exporter in Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indonesia-product.com\/news\/gold-demand-rises-despite-price-dip-wednesday-14th-may-2008\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold demand rises despite price dip - Wednesday 14th May 2008 - Directory of wholesale, manufacturers, distributors, importer and exporter in Indonesia\" \/>\n<meta property=\"og:description\" content=\"he demand for gold in Asia and the Middle East is rising, a UK newspaper attests. 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