Tag Archives: broad weakness

Gold may hit $2000/oz on negative real rates

Gold may hit $2000/oz on negative real rates If real U.S. interest rates remain low, Gold eventually may top $2,000 an ounce, says Deutsche Bank. The bank looks for gold to be the most resilient of the precious metals for the time being, since others with heavier industrial uses are …

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Gold and silver collapse; base metals battered

Gold and silver collapse; base metals battered Last week was one more extraordinary week that witnessed humungous sell-off in the global commodity markets in a condition of panic. Crude, base metals, precious metals and agriculture almost everything was swept away by a strong wave of negative sentiment. In what was …

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