Will gold prices rise in 2013, or will the bear market continue in the second half of the year. The bears have certainly been loud this year, as short-term bets against gold paid off in the first half of 2013. Gold lost 27% in Q1, the worst first-half performance since 1981.
Gold futures shed 23% in Q1, the most since Bloomberg data began in 1975. On June 28, gold futures hit $1,179.40, the lowest level since August 2010. The continued gold prices rout is "shattering" investors' confidence, Ric Deverell, head of commodity research at Credit Suisse Group said in a recent report...............................................Full Article: Source
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