Wed, Sep 3, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Economists expect gold prices to reach $2,500 an ounce no later than 2013

Posted on 25 October 2011

The general return of confidence in the U.S. dollar has cut demand for gold as a hedge against a collapse in the U.S. currency, but economists at Capital Economics said they don’t expect that to hold back gold for much longer — and investment demand should help boost silver too.

“The monetary policy backdrop is highly favorable” for gold, they said in a quarterly report issued Tuesday………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 36748 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930