09.09.2013 - How low can gold go?
Of late, the likelihood for a drastic lowering of gold prices has become a common talking-point, with many analysts ourselves included believing that a drop to $1,000/oz should not be ruled out in the next year. Indeed, although the Syria-led rally in oil prices has resulted in a recent upturn in gold prices, the rise is unlikely to be cemented in any longer-term positions. Certainly, a more accurate outlook for gold prices needs to take into account the impacts of developments in three key areas: Investor demand, central bank behavior and trends in the mining industry...............................................Full Article: Source
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