| 11.10.2011 - Gold supported by strong Asian demand , Q4 price forecast at $1875: Barclays |
| Strong physical Gold demand from Asia amidst the backdrop of European debt crisis is expected to average gold prices at around $1875/ounce, says Barclays Capital in a research report. $1600 levels may prove to be a strong support and cushion from which prices might shoot up. -Moody's downgraded Italy's credit rating from Aa2 to A2. Long-term funding risks in the Euro zone nations have increased. Bullish.............................................Full Article: Source |