US$2,000 gold by year end | Trading Desk | Investing | Financial Post
The price of gold is expected to increase over the next four months
as investors demand a safe haven amid concerns over a euro-zone break up
according to a new report from Capital Economics.
“We would continue to emphasize that our forecast of a rise
in price to $2,000 per. oz by year-end does not rely on the launch of a
third round of qualitative easing (QE3). Rather it is mainly based on an
exception that a break up of the euro-zone will boost the demand,” said
economist John Higgins.
No comments:
Post a Comment