t emerged from a Reuters poll of opinions of 65 analysts in early January that the average forecast gold prices in 2011 amounted to $ 1,450 for an ounce, up 18 percent from the average set by the Union market gold bullion in the London price in 2010 at 1225.60 dollars an ounce, and also higher the rise of the largest gold record in 2010 and reached U.S. $ 1430.95.
Exceeded expectations as a similar poll in July pointed to 1228 dollars per ounce.
Said Bajram, an analyst at the Dinsr. G. Mandjment T Capital in Switzerland, "will the same causes that were behind the investment in gold in 2010 to push prices higher in 2011."
"Maybe there will be some decline in the value of the dollar and expectations is also not the U.S. Federal Reserve to raise interest rates."
"The fact that people will continue to retain gold with the increased investment which makes us very optimistic about it."
And historically low interest rates in most parts of the world's major support for gold prices in previous years. Valvaúdh low reduce the cost of acquisition of gold as an investment opportunity.
While it is likely to be relegated to the fiscal deficit and the sovereign debt of Europe and the United States, the high inflation in the fast-growing economies such as China, India and Brazil are expected to increase the attractiveness of gold as a safe haven for the value of the high prices in these areas.
The poll showed analysts expect rising gold prices during the year of $ 1,400 an ounce in the first quarter to U.S. $ 1432 and then in the second quarter 1477 dollars in the third quarter and 1520 dollars in the fourth quarter.
But calm down expectations for the year 2012 with an expected average price of $ 1420 when an ounce.
Said Robin Bhar, analyst at Credit Agricole in London "We expect some weakness in the second half and will continue this pattern in 2012 with the recovery of the global economy to health
No comments:
Post a Comment