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Commodities Briefing - Categorized | Bullion/Gold, Trends more

Are precious metals capped until after US Election?

Posted on 15 October 2012

Gold remains robust in euro terms at €1,364.50/oz. and remains less than only 1% away from new record highs in the single currency. India and China are embarking on their peak consumption season which may create a boost to the physical market.
US election years tend to see gold underperform vis-à-vis other years and this was seen in 2004 (+4.7%) and 2008 (+5%) when gold saw only marginal gains compared to the 17% annualized dollar returns seen in that decade………………………………………..Full Article: Source


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VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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