Sat, Dec 3, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Market Moves more

Gold to reclaim record highs in 2012

Posted on 17 October 2011

Gold prices are expected to scale record highs next year as the asset’s bullish fundamentals trump the current macroeconomic uncertainty that led to a recent selloff in the precious metal, says a commodities fund manager.
The slump in gold last month has resulted in a “wash-out” of speculators in favour of more stable long-term buyers like exchange-traded funds and central banks, said Diego Parilla, chief investment officer of new Singapore-based commodities hedge fund NARECO Advisors……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
December 2016
S M T W T F S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031