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To: KyrosL who wrote (173684)	12/26/2008 12:08:24 PM
From: bentway	Read Replies (1) \| Respond to of 306849

The far east and India are a lot more into gold jewelry than we westerners are, and there's a lot more of them. Check the gold bling on this Indian bride!

To: KyrosL who wrote (173684)	12/26/2008 12:45:30 PM
From: patron_anejo_por_favor	Respond to of 306849

I submit that much of the demand cited as jewelry is in fact meant as investment (particularly in India), and that most investment demand is not tracked (i.e, the OTC markets of coin dealers involving other than fresh-minted coin). They admit that in their numbers in the small print. The WGC is a trade organization primarily run by jewelers so they definitely have a bias on this. The real importance of investment demand is that it varies much more year to year than jewelry demand. It represents the marginal demand factor that drives the price of gold to a much greater extent than jewelry.