Gold Bulls Return After Slump Forces Paulson Cut: Commodities

Thirteen analysts surveyed by Bloomberg expect prices to rise next week, four were bearish and five neutral, the highest proportion of bulls since March 8. Consumer buying of the metal jumped 53 percent in the second quarter from a year earlier, almost making up for the record sales of exchange-traded products backed by bullion, World Gold Council data show.

 

Read More: www.bloomberg.com/news/2013-08-16/gold-bulls-return-after-slump-forces-paulson-cut-commodities.html

We use cookies to improve your experience and analyze site traffic. Some cookies are optional and require your consent.

More information