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

Gold supply surplus could send prices plummeting–Natixis

Posted on 16 July 2013

From net gold demand of around 1,300 tonnes in 2012, investment demand has turned into a source of net supply this year and could reach as much as 400 tonnes or more as ETP sales far outweigh new investment in gold bars, Natixis Economic Research suggests.
“Even if ETP investors stop selling, it will be difficult to see net demand turning positive for the year as a whole,” said precious metals analysts………………………………………..Full Article: Source


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