 Posted: Tue 5:47, 13 Aug 2013 Post subject: louboutin Business Articles - Gold Price Update |
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| ‘It’s likely to louboutin be third time lucky www.barbourfranceboutique.fr for gold: the price has tested the $1,000 mark twice barbour paris – in March 2008 and in February this year,’ says Bill O’Neill, portfolio strategist at Merrill Lynch Global Wealth Management.
The highest level ever reached by the yellow metal was $1,030 hollister per ounce, which it attained in March 2008, and it is currently trading at just under $1,000 per moncler pas cher Get In Business ounce. Now the largest bank in Germany www.msc-sahc.org/moncler.asp has announced that it is increasing its previous price estimate by over 30 percent in predicting that gold will surpass hollister co france $1,100 per ounce in 2010. "The deterioration in the outlook for the US dollar combined with hollister france How To Become A Mystery Shopper an improvement in investor risk appetite is propelling hollister france gold prices higher" said Mr Steel. "Gold appears hollister poised to challenge its record www.lcdmo.com/hollister.php highs of $1030.80 an ounce." ‘If there is even a hint that central banks are being over-generous in their fiscal stimuli, gold will become everyone’s touchstone. Investors worried about the quality of the currency or government bonds they are holding will seek the reassurance of gold.’ James Steel, precious metals analyst at HSBC, said 's ability to rebound over the $1,000 level was impressive as previous rallies www.msc-sahc.org/moncler.asp Small Business Bankin beyond louboutin pas cher this level had been followed by significant price corrections. is selling close to $1,000 (?632) an ounce – up more jordan pas cher than 20% over a year. Just five years ago, it was selling for just $400 (?253). Concerns that inflation could rise are at the barbour uk heart of the gold boom. While inflation will eat away at the spending power of currency, tends to hold its value. |
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