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

Is the gold price set for an explosive rebound?

Posted on 23 July 2013

In recent months, the price of gold has tumbled. Along the way, lower gold prices have undermined the share price of many mining plays. The yellow metal is selling for its approximate cost of production at many of the world’s largest mines.
Yet for all the gloom and doom within the gold investment space, there are indications that physical gold is becoming scarce. In fact, gold may be setting up for an explosive rebound, both in its nominal price and in the value of companies that mine it………………………………………….Full Article: Source


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VRS - who has written 37608 posts on Opalesque Commodities Briefing.


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