The real driver of the gold price continues to be lack of selling, leaving a small volume of investment/speculative buyers calling the shots.

We are seeing forecasts of gold price rises moving towards four figures from hallowed institutions. This gold market is broadening significantly.

Despite the continuing consolidation, there are few gold sellers. Any pullback is already bringing buyers.

Gold has regained its status as an investment vehicle. It's one of the better performing assets in 2005, and I expect gold to work up to $600 next year.

Investment in gold in Malaysia is still very much in the infancy stage. People here buy gold for aesthetic purposes and gifts.

This is testament to the investment the AOC has made in these two disciplines at the Olympic Winter Institute.