Gold Price Outlook
Gold has continued to set new records in the June 2010 Quarter, with an all time high (Comex close) of US$1,256.80 reached on 18 June 2010. Overall, the gold price finished the June quarter with a 13% rise. In the twelve months to June 30 2010 it was up by 34%.
Since the start of 2008, gold has stood head and shoulders above other major asset classes, appreciating by 49% while equity markets, the oil price, copper price (to name just a few) are still in negative territory over that period. Gold’s all time high on
18 June 2010 was US$1,256.80/ounce, and it finished the June quarter up 13%.
So how does one go about predicting the gold price from here?
….read more Market Forecast: Gold Price & Gold Stocks