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Commodities Briefing - Categorized | Bullion/Gold, Listings/IPO/Stock Market, Market Moves, Price Watch more

Gold stocks have big upside, gold price on way back to $2 000/oz – UBS

Posted on 13 October 2011

Some gold-mining stocks currently have upside potential of 40% and more, says UBS Sub-Saharan Africa market head Marco Spichiger, who expects the gold price to trend back towards $2 000/oz and $2 200/oz levels within six months.
Spichiger, who is conducting a series of gold-investment workshops in South Africa together with UBS executives Nina Reinhart and Martin Bieri, tells Mining Weekly Online that the upside potential of some gold stocks are expected to be realised in the next 12 to 18 months……………………………………….Full Article: Source


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