| Traders in the gold market have been wrong-footed on several occasions during the last couple of months as the main price mover has been the constant on/off talk about further US quantitative easing. The recent weakness in US job growth has once again turned the focus towards the potential for more liquidity being provided.
Support was also provided by GFMS, one of the world’s leading consultancies in precious metals. In its Gold Survey 2012 it forecast that gold could move above $2,000 by year-end or early 2013 before peaking sometime during 2013...............................................Full Article: Source
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