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

Gold prices may trade below $1200

Posted on 02 December 2013

Gold prices in the global market are expected to continue their downward movement this year and in 2014 on likely US Fed tapering. For the time being, continuing outflows, lower than expected physical demand, firm equities and a jump in short positions are putting pressure on the yellow metal prices.
The Barclays Global Macro Survey noted that 60% of investors believe that equities would be the most profitable asset class in the next three months………………………………..Full Article: Source


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