Gold Could Still Reach New Highs in 2012

Precious Metals

Reuters reported that gold could still perform well in 2012 even without additional US and European economic stimulus.

Reuters reported that gold could still perform well in 2012 even without additional US and European economic stimulus.

As quoted in the market news:

Low interest rates and ample liquidity provide a favourable backdrop for gold, which can thus compete more effectively for investor cash against stocks, bonds or currencies that bear yields or dividends that can be eroded by loose policy.

Click here to read the full Reuters report.

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