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

Gold prices to shoot up from $1723.8 to $1,900/oz in 2012

Posted on 28 October 2011

Commerzbank sees upside potential in Gold and reiterates its forecast of $1,800 an ounce by the end of the year and a further increase to $1,900 next year.
The bank says the underlying factors have not changed in recent weeks. “Real interest rates are low or even negative. The euro-area government debt crisis has not been resolved,” Commerzbank says………………………………………..Full Article: Source


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