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

Why you can expect gold prices to rally

Posted on 17 October 2013

If you are a gold bug, you probably won’t like what I have to say in this column, but just give me a chance to explain why I simply feel the time for the shiny yellow metal has come and gone for now.
Yes, the yellow precious metal could inevitably head back to the $1,800-an-ounce level, but I doubt that. Maybe $1,400, but it won’t reach much higher in the short term, of course, unless the country defaults on its debt, a war in the Middle East escalates and brings in more countries, or inflation suddenly jumps much higher………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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