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BOFA Says $1,500-$2,000 Gold Price Feasible Long Term
Jun. 21, 2011 08:19PM PST
Precious Metals InvestingReuters reported that BofA Merrill Lynch sees gold demand keeping prices between $1500-$2000 in the long term.
Reuters reported that BofA Merrill Lynch sees gold demand keeping prices between $1500-$2000 in the long term.
The market news is quoted as saying:
The brokerage believes investment has had a critical influence on the gold market and investor buying is the key to its long-run supply and demand balances.
