Market analysts at FXCM remain “cautiously bearish” on gold.
QE3 is not yet off the agenda and the EFSF is looking more and more in doubt, suggesting gold should remain underpinned.
A glance through the latest expert views and predictions about commodities with upgrades to gold price forecasts, reviews of bulk markets, plus more.
The price of Brent crude should now ease if Libyan production is restored, shouldn’t it?
Uncertainty and low volumes see the spot uranium price continuing to drift lower.
Market analysts at FXCM see scope for further gains in the gold price as the market continues to ignore overbought signals.
Lack of buyer interest, as predicted, saw the spot uranium price fall further last week.
A glance through the latest expert views and predictions about commodities with Supportive factors for thermal coal and industrial metals, Chinese social housing revisions and energy sector estimates.
Ahead of the Herd’s Rick Mills suggests silver should be on the radar screen of every investor.
Spot uranium was lower last week but only marginally in the face of renewed global economic fears.