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

Gold could rise to $2,000 per ounce in 2013: BofA Merrill Lynch

Posted on 14 December 2012

Large-scale policy easing by the U.S. Federal Reserve and European Central Bank positions gold as a useful hedge against global macro and inflation risks taking the commodity to $2000/oz levels, said Bank of America Merrill Lynch in a report that provides for 2013 outlook for global economic front.
BofA Merrill Lynch analysts outlined nine other macro calls on which they are basing their 2013 outlook………………………………………..Full Article: Source


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