2011年7月4日 星期一
Rise in gold prices at $1650 per ounce in 2011.
In its latest analysis of Bank Sarasin, said the gold price in the short to medium term, global investors and central banks to support the demand from Asian jewelry demand basis.
Although the prospects of gold, Bank Sarasin, said it is no longer recommended long-term gold exposure, and suggested that investors should pay attention to continued rate hikes.
UBS expects gold trading by the end of the third quarter of 2011 and $ 1,650 of $ 1,575 by the end of 2012 second quarter.
In its "strategic goods" report, the bank said in the long term, investors are likely to favor the relaxation of higher-yielding assets a prime location. Rising prices of production also brings the risk considerations.
"With the debt crisis in Europe show no signs of abating, and continued to the U.S. government's sovereign credit rating concerns, the price of gold rising investor demand driven.
Global economic slowdown will give gold more support, because any increase in interest rates, especially in the U.S., it seems that further in the future, to promote the real rate of return. At the same time, increasing in Europe and the U.S. inflation rate increases the specter of stagflation again encourage the purchase of gold, "the bank said.
The central bank has also become net buyers of gold, Bank Sarasin is expected that this trend will continue. In contrast, Rolf W. Schneebeli, service companies in the gold analyst, said "long-term gold is still to buy."
He said that the price of gold is driven by the weak dollar, the dollar's recovery will drive the price in other currencies.
Sarasin expects this trend to continue. In contrast, Rolf W. Schneebeli, analysts at Gold Services AG, said, "long-term gold is and remains a buy."
He said since gold price is driven by weak US dollar, a recovery of the greenback would drive up its price in other currencies.
http://cnbusinessnews.com/gold-prices-hit-1650-per-troy-ounce-by-the-end-of-june-2012-bank-sarasin-says/
Although the prospects of gold, Bank Sarasin, said it is no longer recommended long-term gold exposure, and suggested that investors should pay attention to continued rate hikes.
UBS expects gold trading by the end of the third quarter of 2011 and $ 1,650 of $ 1,575 by the end of 2012 second quarter.
In its "strategic goods" report, the bank said in the long term, investors are likely to favor the relaxation of higher-yielding assets a prime location. Rising prices of production also brings the risk considerations.
"With the debt crisis in Europe show no signs of abating, and continued to the U.S. government's sovereign credit rating concerns, the price of gold rising investor demand driven.
Global economic slowdown will give gold more support, because any increase in interest rates, especially in the U.S., it seems that further in the future, to promote the real rate of return. At the same time, increasing in Europe and the U.S. inflation rate increases the specter of stagflation again encourage the purchase of gold, "the bank said.
The central bank has also become net buyers of gold, Bank Sarasin is expected that this trend will continue. In contrast, Rolf W. Schneebeli, service companies in the gold analyst, said "long-term gold is still to buy."
He said that the price of gold is driven by the weak dollar, the dollar's recovery will drive the price in other currencies.
Sarasin expects this trend to continue. In contrast, Rolf W. Schneebeli, analysts at Gold Services AG, said, "long-term gold is and remains a buy."
He said since gold price is driven by weak US dollar, a recovery of the greenback would drive up its price in other currencies.
http://cnbusinessnews.com/gold-prices-hit-1650-per-troy-ounce-by-the-end-of-june-2012-bank-sarasin-says/
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