02.09.2011 - Gold’s volatility will continue into year-end
As traders close the books on August, the volatility that was the hallmark of this month’s activity is likely to continue into September and year-end. Market watchers said the factors that caused the run up continue to be in place for Gold – strong speculative interest, worries about the eurozone debt problems and political intransigence in the U.S. Gold prices will likely march even higher, with $2,000 an ounce expected by the end of this year, if not sooner; however, sizable price swings probably will accompany the uptrend..............................................Full Article: Source
Print