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Physical gold demand emerges, Q4 forecast $1810/oz: Barclays

Posted on 10 October 2012

Physical gold market has shown signs of life but the yellow metal’s ability to breach $1800 market continues to rest with developments in Europe, US macro data and whether central banks ratchet up QE asset purchases, according to Barclays Research.
On Tuesday at US Comex, Gold for December delivery is up $4.4 at $1780.1/Oz. Price forecast: Q4 12: $1810/oz; 2012 annual average: $1691/oz……………………………………….Full Article: Source


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