Wed, Nov 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

What to make of falling gold prices

Posted on 22 May 2013

Gold is continuing to lose its luster. Last fall, gold was trading at nearly $1,800 per ounce. Last week, its price dipped below $1,400 per ounce. And as prices fall, a number of high-profile investors have moved toward the exits.
Notably, in the first quarter of 2013, billionaire George Soros cut his position in the exchange-traded fund SPDR Gold Trust by 12 percent, according to government filings. Meanwhile, in a recent Credit Suisse investor survey, 60 percent of investors said gold bullion is the commodity about which they are the most pessimistic……………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30