FT is reporting today that the Olympics in China may help boost the gold price.

At just under $2,000 (Ä1,700, £1,150) for a nugget the size of a cigarette lighter, there are plenty of cheaper 2008 Olympics memorabilia on Shanghai’s main shopping street, but that has not held back demand. “There will be a new bar every year until 2008 and many people want the complete set,” says a salesman.