Thu, Jan 29, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

All that glistens is nowadays Gold

Posted on 29 November 2011

As the financial tidal wave threatens to swamp Europe, investors are becoming less risk averse looking for a safe haven in precious commodities.
­Gold has been growing steady for almost 5 years. Experts believe the continuing threat to global economies could benefit gold prices. Edel Tully from UBS says “Gold reflects emotions, the fear about the current economic climate and fear about what lies ahead,” Tully adds that “people should be more proactive and be prepared to take profits” as a volatile era for gold will continue with “the average price for the metal reaching 2075 dollars per ounce in the next year.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 39021 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031