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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Investment more

Is anyone still interested in gold?

Posted on 03 April 2013

The recent price action of gold has been frustrating for some people. The precious metal logged its second consecutive quarterly loss and remains in consolidation mode amid the greatest financial crisis since the Great Depression. However, there are still plenty of buyers around the world that are interested in gold.
Gold finished 2012 with a solid 7 percent gain, capping its longest steak of annual gains since at least 1920. Despite the performance, gold entered the new year on weakness. The fourth quarter was gold’s weakest quarter in four years and the decline has yet to stop………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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