Thursday, January 10, 2013

Gold to test US$2,000 level amid low interest rates and rise in demand





Gold may test the US$2,000 threshold this year, say fund managers and gold traders, who believe low interest rates and rising demand for physical gold from Asia will boost prices.


According to British fund house Schroders, gold has generated handsome returns for its investors - 461 per cent - in the past 10 years.









via Business feed http://www.scmp.com/business/commodities/article/1123994/gold-test-us2000-level-amid-low-interest-rates-and-rise-demand

Labels: , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home