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

What’s next for gold prices?

Posted on 26 February 2013

With gold prices falling, investors are struggling with the question of whether the decline is a temporary lapse in an ongoing bull market or a sign of more trouble to come. In 2011, gold rose above $1,900 per ounce. As of Friday afternoon, it was trading at $1,575. In the last month alone, gold prices have slipped by 6.8 percent. Even with the recent dip, however, gold is still up 67 percent over the past five years.
Gold’s recent decline has a number of root causes. For starters, investors are slowly regaining confidence in the stock market. Gold prices, by contrast, tend to rise when investors are feeling bearish about stocks………………………………………..Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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