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

Gold to fall below $1,500 - CitiFX

Posted on 19 October 2011

Gold could fall below $1,500 an ounce in the near term, as bullion has underperformed other assets and appears to have lost its safe-haven appeal, CitiFX said on Tuesday.
The technical research arm of Citigroup said, however, it still expects the precious metal to rise above $2,000 an ounce after a correction, and it will eventually trade as high as $3,400 an ounce……………………………………….Full Article: Source


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