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Analysts gold price forecast review

Posted on 07 October 2011

August and September saw unusual price volatility in gold and not just in the stock markets – with the MSCI world (developed market) index dropping about 15% and emerging markets indices falling over 25%.
Gold, the usual “hedge” during extreme financial turmoil, rose or fell by over 3% on eight occasions and declined 15% from peak to trough in the past two months alone – the sort of moves one might in former years have expected over the course of a full year. During this period, dollar assets have been favored by investors, rising 6% as the US 10-year Treasury yield has fallen by 88 basis points……………………………………….Full Article: Source

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VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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