24.09.2012 - Gold prices looking towards upside
The rising of gold prices has halted near its six-month high last week, said Gerhard Schubert, head of precious metals at Dubai's largest bank Emirates NBD, in his weekly analysis on global commodities published Saturday. "The gold market consolidated over the course of last week, with prices trading within relatively narrow boundaries," said Schubert. Gold prices closed Friday at 1,772.00 U.S. dollars per ounce, up by 2.00 dollars from last week. "The low trades were noted in the high 1,750's, while a high of 1,788 dollars was reached last Friday, before closing for the week nearly unchanged, " he added...............................................Full Article: Source
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