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

Is gold set for a big fall in 2014?

Posted on 12 March 2014

Is the golden run about to come to an end? Just two months into the new calendar year and the price of gold has staged a surprising recovery, rising over 11% to around US$1,342 per ounce. However suggestions of lower demand from China and positive economic data from the U.S. could see the price for the metal flatten out, and even fall throughout 2014 analysts say.
While there is always a big range of opinions on the future of gold, one widely held view is that a recovery in the U.S economy will speed up later in 2014, dissuading investors from gold. There have also been fears this week that poor Chinese economic growth and stronger than expected U.S. employment figures could speed up falls in the gold price………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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