| 10.05.2012 - Gold needs to fall further to lure buyers back: UBS |
| The break under $1,600 an ounce for gold may finally attract buyers to the yellow metal, freshening the recent stale price action seen lately, said Edel Tully, precious metals strategist at UBS. Although the European sovereign debt risks, less-than-stellar U.S. economic data and removal of the Indian excise duty can spur buying, Tully says price appeal might be the biggest variable among these factors...............................................Full Article: Source |