☛
Gold’s movement could be volatile due to a number of factors such as
the proposed cut in stimulus package by the US, India’s policies against
gold including duty hike, currency movements.
☛ Gold prices are likely to rule sideways in the next two years, ranging between $1,350 and $1,550 an ounce, said Jeffrey M. Christian, Managing Partner of CPM Group LLC.
☛ Silver, on the other hand, could move rule in the range of $18-23 an ounce and any consolidation in its price is likely only after 2015.
☛ Gold prices are likely to rule sideways in the next two years, ranging between $1,350 and $1,550 an ounce, said Jeffrey M. Christian, Managing Partner of CPM Group LLC.
☛ Silver, on the other hand, could move rule in the range of $18-23 an ounce and any consolidation in its price is likely only after 2015.
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