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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Dropping gold, a wise decision for investors now

Posted on 23 December 2011

Barclays Capital is making relatively few changes to their trading portfolio in December, but one major adjustment is closing out their long-standing position - long gold.
“This is a short-term tactical move rather than signifying any change in our medium-term positive view on Gold prices, which we think will regain upward momentum once the European debt crisis is stabilised and market participants once again become concerned about inflation risk,” said Barclays………………………………………..Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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