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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

7 reasons to be bullish on gold

Posted on 04 July 2013

What’s going on with gold prices? With the price of the yellow metal near two-year lows through much of 2013, some investors wonder whether the price decline will continue. Is this a bear market for gold or will it rebound?
A new report from analysts at Incrementum AG in Liechtenstein says there are good reasons to be bullish on gold, which was trading Wednesday at about $1,252 an ounce. In fact, the report, titled “In Gold We Trust 2013,” set a 12-month target for gold prices at $1,480 and a long-range target at $2,230………………………………………..Full Article: Source


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