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Gold relaunch set for mid-term

The gold price has bottomed and is likely to hold steady around current levels before the re-emergence of the debt crisis and a roll-over of the US dollar returns gold to bull market territory in the medium-term, according to Dundee Capital Markets chief economist Martin Murenbeeld.

Mining Journal
‘Unfortunately for gold it’s the bearish forces that are easiest for the market to see right now’

‘Unfortunately for gold it’s the bearish forces that are easiest for the market to see right now’

Gold is either battling to maintain its value at around US$1,100 an ounce in the face of persistent negative pressures, or the next bull-run is being delayed by a handful of temporarily constricting factors....

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