Tue, Jul 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Gold halts its losing streak

Posted on 05 March 2009

From Telegraph: The gold price rose today, halting a seven-session losing streak and leading other precious metals higher, on signs that the US recession is deepening. “The capital-market environment and real economy prospects are not very favourable,” making it a good time to invest in gold, Bayram Dincer, a commodity analyst at Dresdner Bank in Zurich, said.

“Gold investment demand will start its dynamics again and push prices well into four- digit levels. It is just a matter of weeks when gold races over the record top.” …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36171 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031