Supply concerns could push up gold price
With China Goldmines' production expectations for 2008 down 75 per cent, supply concerns could push up the gold price, making gold investment a more attractive proposition.
Gold may gain as concern about a slowing economy spurs demand for the metal as an alternative investment, a survey found.Seventeen of 23 traders, investors and analysts surveyed by Bloomberg, or 74 percent, said bullion will rise next week.