Monday, February 5, 2007

Gold Outlook Positive

Gold still outlook positive, in spite of the lost of last two days.

Take a look about the opinion of Widmer and Hunter.

Michael Widmer, an analyst at Calyon Corporate and Investment Bank, said he would still expect the United States to lower interest rates.

Hunter, on the other hand, said he expected gold trading would continue to be volatile.

But, certainly, the market is shifting back its outlook to higher prices for the remainder of the year, and that trend remains intact," Hunter added.

You can read the entire article at Reuters “Gold recovers on bargain hunting, outlook bright”.


Today, Gold close at 648 (lost 0,43%).

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