| Gold exchange traded funds have remained relatively flat so far this year, but S&P Capital IQ analysts expect the precious metal to strengthen this year as loose monetary policies debase global currencies and low gold supply support prices.
“S&P Capital IQ Equity Research remains positive on the outlook for gold and gold-related investments for 2013,” Leo Larkin, S&P Capital IQ Equity Analyst, writes in a research note. “We expect gold to rise 15% in 2013 and finish the year at about the $1,930 level.”..............................................Full Article: Source
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