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Potential Flashpoints For Gold In 2013

Wednesday, January 16, 2013

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Potential Flashpoints For Gold In 2013
Jan 16th 2013, 10:49

While moderate gains are likely to be the name of the game for gold in 2013, there are number of events investors are going to be keeping an eye on. Gold is likely to see moderate gains over the course of 2013 but there are a number of potential flashpoints that could change the game rather more significantly. Among these are – US monetary policy, events in China and India and the institutional investor sentiment toward the metal. In a note, UBS writes that, while there has been no significant change in US monetary policy and consensus views are for the Federal Reserve to "stay the course in terms of policy execution for now. UBS economists do...

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