Sat, Aug 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Why gold prices will explode following disappointing first quarter

Posted on 02 April 2013

Resurgent confidence in the global economy has propelled equities higher in recent months, and investors have in turn shunned the safety of traditional flight-to-safety asset gold. Indeed, the yellow metal is set to record its worst quarterly performance in more than a decade following a 3.7% drop to around $1,600 per ounce.
However, I am convinced that a backdrop of rising inflation — coupled with enduring hiccups in the macroeconomic recovery, particularly in the eurozone — should send yellow metal interest higher as the year progresses. Gold bugs can latch onto rising metal prices through SPDR Gold Trust and Gold Bullion Securities, instruments that are designed to track movements in the gold price………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31