Gold To Gain 8 to 15 Percent Annually: Citigroup

The International Business Times reported that Citibank expects gold to resume more modest annual gains of 8 to 15 percent a year, than those that had been seen in the “commodity supercycle”.

As quoted in the market report:

Prices won’t climb “sharply” higher even though quantitative easing from global central banks lift growth and bullion demand rebounds by the end of 2013. Returns will be more “differentiated” among raw materials depending on supply- demand balances wrote analysts at Citigroup Inc.

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