It is likely that when the Indian market gets properly set up and as the Chinese market becomes more substantial, the NY exchange will gradually become less and less influential. The gold price is actually holding quite well at the moment and the upward pressure must surely be coming from China, Russia and India as well as those seeking safe havens in the West. My view is that there will indeed be a significant rise in the coming months - especially as the India wedding season gets going! It's only a matter of time.
