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GFMS Still Bullish On Gold Price

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Perth Mint Blog

The Perth Mint

Published : January 17th, 2013

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FOLLOW : Debt Gold Investment Demand Market Sovereign Debt

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Category : GoldWire


	IN THE NEWS The latest Thomson Reuters GFMS Gold Survey is forecasting that investment demand will drive average gold prices to a record in the first half of 2013 on loose monetary policies and burgeoning sovereign debt. Backed by solid demand from central banks, gold would potentially test $1,900 per oz during the quarter, outweighing a âsizeable bearish contingentâ in the market, the metals consultancy is reported to have said.

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