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Gold forecast for 2014: Global banks bullish and bearish on Gold

Posted on 16 December 2013

As we come close to this year, it is time to take a look at the most volatile and valuable commodity traded on the global commodity exchanges. The hottest commodity that swung between bear and bull markets in 2013 was gold. Several commodity analysts lost their forecasting grip on gold as the yellow metal plunged in the middle of the year, before recovering to regain the lost ground.
Those gold bulls who had predicted that gold would only continue to boom in 2013 had their mouths shut when the yellow metal fell to a record low this year. As we wait for the birth of 2014, the commodity that is being hotly talked about is gold, and gold only………………………………………..Full Article: Source


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VRS - who has written 37062 posts on Opalesque Commodities Briefing.


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