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

Gold prices forecast to surge in 2012

Posted on 12 December 2011

Gold, historically considered a “safe haven” investment, has had a year of ups and downs correlating with investor confidence. However, Michael O’Kane from NZ Mint told TVNZ’s Business programme that the market is seeing a shift in how gold is traded - but inflation and investor nervousness still play a part in dictating the price.
Nervy investors worried about Europe have in part shaped this shift in trading, he said………………………………………..Full Article: Source


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