Friday, January 18, 2013
Thomson Reuters Survey Says Gold Could Top $1900
A new outlook and revision released yesterday to its Gold Survey 2012, Thomson Reuters GFMS said it expects gold to extend its more than a decade long bull run in 2013, with prices potentially testing $1,900 per ounce in the first half of the year, as solid demand for the metal from central banks and from opportunistic buyers in India and China outweighs a “sizeable bearish contingent” in the market. This report helped give markets a boost as gold broke above the 1680 price level. Gold futures declined, pulling back after gains over the past two trading sessions, but ontinue Reading
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