Tue, Sep 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Trends more

3 reasons why gold prices could bounce by the end of the year

Posted on 12 December 2013

Gold prices could see a rally of about five per cent before the end of 2013, according to the chief executive of Compass Global Markets, Andrew Su. Su said that when a market becomes overly bearish, for him, it’s a clear signal to buy - and this is the current case with gold.
Su believes gold has found a floor ar $1,200, which he doesn’t think will break. Investors, he said, are shy to take gold below $1,200 as last time that happened, the precious metal bounced very quickly………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36729 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930