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

Why gold looks set to burst to $1,500/oz by the spring

Posted on 20 September 2013

Gold prices have failed to halt the relentless slide seen since the start of the year, the effect of improving investor sentiment and rising real interest rates squeezing appetite for the safe-haven asset.
Still, the metal has been touted in some quarters to stage a significant comeback in the near future as political troubles internationally and in the US ratchet up in the coming months. And bullish investors can latch onto a potential gold-lined ascent by purchasing SPDR Gold Trust and Gold Bullion Securities, exchange-traded instruments designed to track movements in the metal price………………………………………Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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