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

Gold to average $1875 in Q4; move till $1300 acceptable

Posted on 25 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 48800 posts on Opalesque Commodities Briefing.


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