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Commodities Briefing - Categorized | Bullion/Gold, Investment more

A guide for Investing in gold in 2013

Posted on 02 January 2013

From its November 2008 market lows, the SPDR Gold Trust – the No. 1 proxy for the “yellow metal” – rose as much as 158%, reaching its peak in September 2011. But it’s down about 13% since that time (though it’s up 5% year to date), and a lot of folks are wondering what gold is worth, and how they should play it.
Wall Street has grown more tepid on gold, with many of the investment banks ratcheting back just a bit on their target prices. But most also see prices heading up to and beyond the $2,000 level in 2013, meaning they see a potential gain of 22% or better………………………………………..Full Article: Source


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


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