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

Analysts see gold retesting all-time highs in 2012

Posted on 23 December 2011

Gold prices took a beating in late 2011, but many experts think the path in 2012 is still paved with higher prices. Gold had a wild 2011, starting the year at $1,412 (U.S.) an ounce, hitting a low right out of the gate of $1,314 and then rallying to an intra-day high of $1,923 an ounce.
The past few months have not been kind for gold. The precious metal tanked 13 per cent in September and 8 per cent in just three days last week as a strong dollar hammered prices………………………………………..Full Article: Source


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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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