Citigroup Predicting Much Higher Prices for Gold
Business Insider reported that Citigroup forecast gold prices to reach $2400 in 2012, and go even higher next year.
Articles Tagged "citigroup"
Gold Price Set For Shock & Awe
By Kishori Krishnan Exclusive To Gold Investing News Here we go again – is gold price in for a slide or a rise? Wednesday morning the gold price fell through $1,120 per ounce, its worst decline in 2010, as a marginally weaker US dollar was unable to buoy the price of gold. Throughout the day, [...]
Gold Jitters Sweep Streets
By Kishori Krishnan Exclusive To Gold Investing News The gold bugs are running scared. Unable to trade, lacking any clear direction, they have turned cautious and prudent. They are clearly running for cover. News of Abu Dhabi’s largesse gave an instant boost to Asian bourses. Not so for Greece, with its deteriorating public finance situation. [...]
Medium To Long Term Confidence
By Kishori Krishnan Exclusive To Gold Investing News There are some strong headwinds, but bankers and investment houses are still bullish on the yellow metal. Gold is consolidating and prices may decline further in the near term before heading higher, analysts state. ScotiaMocatta insists the “big picture remains supportive for gold. Although gold is facing [...]
Citigroup: Gold prices will dip after return of confidence in equity market
A latest report presented by Citigroup declared that gold prices are expected to surge further in the coming months, but the uptrend is likely to reverse after the return of confidence in the equity market. For full story, click here
