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

Gold has potential to reach $2075, average $1840 in 2013: Saxo Bank

Posted on 18 December 2012

Calling a peak to the gold (and silver) bull markets are probably premature as record low interest rates, fear of currency debasement and eventually rising inflation will continue to support. We see the potential for gold reaching 2075 before weakening to trade the year at an average of 1840 USD/oz.
Commodities with tight supplies should do well despite uncertainties about the economic outlook. Here we primarily think of precious……………………………………Full Article: Source


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