Thursday, October 13, 2011

Peak Gold in 2013, but No “Sharp Fall Thereafter”

BNP Paribas sees the price of gold peaking in 2013, but does not see a sharp
fall thereafter. In a report published on Thursday, the firm lowered its
2011-2013 forecasts to in part reflect the yellow metals recent weakness. After
trading sideways in June, gold rallied sharply through July and August,
strategists led by Anne-Laure Tremblay wrote.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...