28.03.2012 - Gold prices already peaked in 2011
Gold prices should remain high this year but are unlikely to rise above the record levels reached in 2011, according to CPM Group. That is the key takeaway from CPM Group’s latest forecast—“Gold Yearbook 2012,” its annual analysis into the supply and demand factors driving the global gold market. CPM Group is an independent commodities research and investment banking company, and its annual forecast is widely followed by the gold market. Increasing supply versus a bigger global pool of investors for gold are combining to put a floor under the market, and prices are expected to remain firm, without the parabolic rallies of the recent past...............................................Full Article: Source
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