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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Barclays: Gold Q4 to average $1875; move till $1300 acceptable

Posted on 19 October 2011

Gold price is expected to average $1875/oz in Q4, 2011 as the physical gold demand continues to cushion prices before investment demand takes off. Even though the volumes have softened, gold bar premiums in Asia is pretty high, indicating the strong demand for physical gold.
-The G-20 nations asked Europe to formulate a plan to resolve the debt crisis within October 23. And this looks unlikely since many key issues are yet to be fully defined……………………………………….Full Article: Source


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VRS - who has written 38107 posts on Opalesque Commodities Briefing.


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