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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Early 2014 the best time to buy gold

Posted on 30 December 2013

Doubts grow over the precious metal’s allure as a medium-term investment as prices head for their biggest decline since 1981. Investors and consumers looking to take advantage of lower gold prices are advised to buy next quarter, with some analysts tipping prices to recover later, although they are set to post this year the biggest loss since 1981.
But some doubt the attractiveness of gold as a medium-term investment, saying its function as a hedge against inflation is likely to wane as interest rates increase after the US Federal Reserve starts its gradual withdrawal of ultra-stimulative monetary policies that resulted in near-zero interest rates………………………………………..Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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