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Scotiabank: Gold may soon test $1,300

Posted on 02 December 2009

From Resourceinvestor.com: Scotiabank economist Patricia Mohr forecast Monday that gold may test the US$1,300 during a time she referred to as a new gold rush.

Mohr noted Scotiabank’s Metal & Mineral Index showed “broad-based strength in base metals, a surge in gold & silver prices and slight gains in sulphur and uranium prices more than offset somewhat softer steel-alloy prices (molybdenum and cobalt).”…………………………..Full Article: Source


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