Asia’s Largest Gold Deposit Found in China

The largest gold deposit in Asia ever has been found in the Yangshan Mountains of China…worth more than 50 billion yuan ($7 billion).

Soldiers from the People's Armed Police of the China's People's Liberation Army found it.

It is the largest Carlin-type gold deposit….with gold resources around 308 tons…the 6th largest in the world.

Uh…does this mean that the price of gold is going to come down?

I thought that supply and demand determined price, no? 

Now, that there is a huge supply available can we expect lower prices?