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Gold in the news

Gold getting a bit of play in the news today, with a couple of gold focused articles in today's Financial Times. One piece focused on the boost in profile gold is getting from "tracker" funds (ETFs and funds such as Central Fund of Canada that seek to provide investors with "exposure" to gold price).

Another article, titled, "Investors Pin Hopes on Sustained China Gold Rush", looked at investment and jewelry demand from countries such as Japan & India but focuses on the role China might play in the future. Here's a brief passage from the end of the article:

"China's influence on gold prices will also be limited by surging domestic gold production. According to [analyst Matthew Turner], even if consumption continues to boom, the investment in new mines is likely to mean China will be a net exporter over the next few years."

Interesting. Is this expected supply from China a bear omen or will it be met with growing investment demand and central bank holdings?
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