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

LBMA survey returns US$1,405/oz gold price by November 2014

Posted on 03 October 2013

Delegates and attendees at the London Bullion Market Association’s annual gold conference in Rome forecast a price rebound to US$1,405/oz by November 2014. Survey respondents expect silver to rise to US$25/oz by November next year, when the next annual meeting will be held in Peruvian capital Lima.
Gold closed Wednesday at US$1,306.25/oz on the London Bullion Market, up from the previous day’s US$1,290.75/oz after the US government shutdown prompted mass selling across the metals. Silver closed Wednesday at US$21.14/oz………………………………………..Full Article: Source


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