Thu, Nov 27, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

How low can gold go?

Posted on 09 September 2013

Of late, the likelihood for a drastic lowering of gold prices has become a common talking-point, with many analysts – ourselves included – believing that a drop to $1,000/oz should not be ruled out in the next year.
Indeed, although the Syria-led rally in oil prices has resulted in a recent upturn in gold prices, the rise is unlikely to be cemented in any longer-term positions. Certainly, a more accurate outlook for gold prices needs to take into account the impacts of developments in three key areas: Investor demand, central bank behavior and trends in the mining industry………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38163 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