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Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

No respite seen for yellow metal, price may fall further in 2014

Posted on 16 December 2013

Bullion, which is normally considered a safe haven investment instrument and has an appeal as jewellery, failed to live up to its potential and is all set to end 2013 with a dismal performance. This is set to halt the unprecedented rally of over a decade, when investors across regions reaped the benefits.
At the time of writing this report, spot gold was trading at $1,227, down 27 per cent from previous year’s close of $1,675, while silver is down 36 per cent year to date at $19.5………………………………………..Full Article: Source


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