| The average dollar gold price this year may be lower than that of the previous year for the first time since 2001, according to a leading precious metals analyst. Jeffrey Christian, managing director of precious metals consultancy CPM Group in New York, says gold may average $1565 an ounce over the course of 2013, compared to $1668.75 last year.
"The global economy is likely to muddle along," says a statement from CPM, which launched its 'Gold Yearbook 2013' this week, adding that "present [positive] sentiment has reduced the urgency [felt by investors to buy gold]."..............................................Full Article: Source
|