Wed, Oct 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Research more

Numis raises 2009 gold price view to $900/oz

Posted on 13 March 2009

From Reuters: Numis Securities said it is raising its 2009 gold price forecast to $900 an ounce from $700 previously, citing risk aversion, the prospect of a weaker dollar and fears global stimulus measures could cause inflation.

Strong demand for physical stocks of the precious metal for investment products such as coins and to back commodity exchange-traded funds is also likely to boost prices, it said….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031