Fri, Nov 28, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold prices to bounce higher as jewelry demand picks up investor slack: Macquarie

Posted on 11 July 2013

Gold prices are oversold and should end the year higher as the market restructures itself, said Matthew Turner, precious metals analyst at Macquarie Commodity Research.
In an interview with Kitco News, Turner said the gold market has been volatile recently because it is in the midst of rebalancing away from investor demand and back into its more traditional role for jewelry demand. “This is a huge change for the market and its going to take time to find the right price,” he said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38189 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