Fri, Feb 27, 2015
A A A
Welcome preal121
RSS

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

GFMS sees gold demand falling before prices resume drop in 2014

Posted on 12 September 2013

Gold demand will fall in the second half as bar buying slips from a record and central banks add less to reserves, while prices may climb toward $1,500 an ounce by early next year before dropping, Thomson Reuters GFMS said.
Total demand will slide to 2,237 metric tons this half from 2,309 tons a year earlier and 2,533 tons in the first six months of 2013, the London-based researcher said today in a report. Jewelry demand that reached a six-year high in the first half on record buying in China will ease in the six months through December, it said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728