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<p>[QUOTE=&quot;serendipitous, post: 1994207, member: 72174&quot;]As the price of gold dropped this month, demand by individual investors for bars and U.S mint coins increased.According to Barclay&#039;s capital analyst Bar premiums have reached two years highs before the Chinese new year, citing the mint,which is about 6 percent of the world Gold bullion.Australia&#039;s Perth Mint reported an increase in the demand ,as prices fell below $1400 per ounce.</p><p>It has been seen that, the short term investors are taking fresh short positions, although the interest of retail investors still remains sound and healthy.This year the US mint coin has had a an amazing sales record.</p><p>There has been an increase in the February delivery (gold) about 7.70$ or .6 percent , to $1368.</p><p>According to Morgan Stanley&#039;s report , this year the average price of metal will average around 1400$ this year, a lifting its forecast price by 6 percent.Even the Asian buyers are showing keen interest , which is also helping in the increase of demand , which is eventually leading an increase in price.[/QUOTE]</p><p><br /></p>

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