World's largest solid gold brick weighing 220kg (485lb)
·         Converse connection with Equity investment & direct relation with crude
·         Degree of investment demand from wealthier investors
·         IMF announcement of its plans for sell or buy under the Central Bank Gold Agreement
·         Indian central bank’s purchase of gold
·         Recent euro weakness as the result of fiscal issues in Greece and other peripherals
·         Gold’s Physical Market – jewellery fabrication
·         Longer-term impact of President Obama's bank proposals on gold
·         Actual and anticipated monetary tightening in China
·         Royalty taxes that apply to mining projects
·         US Federal Reserve Open Market Committee meeting
World Gold Council
Australia world’s third largest gold producer
 
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