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Mining Weekly reported that according to the most recent GFMS Gold survey, gold is expected to rise to $1 800/oz by the end of the year, pushed up by U.S. economic development and stability in the global markets.
As quoted in the market report:
Mining Weekly reported that according to the most recent GFMS Gold survey, gold is expected to rise to $1 800/oz by the end of the year, pushed up by U.S. economic development and stability in the global markets.
As quoted in the market report:
Gold is likely to remain very sensitive to US monetary policy and, even though we’ve had some hawkish noise from some within the Fed, it is difficult to see a material unwinding of the quantitative easing programme until well into 2014, which should bolster the gold price in 2013,” he commented.
