European Quantitative Easing Would Be Good News for Gold
Gold – Mineweb repoted that UBS (NYSE:UBS) sees three important conditions for quantitative easing that would boost the price of gold.
Articles Tagged "ubs ag"
UBS Lifts 2012 Gold-Price Outlook by 50% to $2,075 on ‘Explosive Cocktail’
Gold – Bloomberg reported that economic concerns prompted UBS AG (NYSE:UBS) to raise its price outlook on gold by 50%.
Propitious conditions for gold
Gold Investing News reports gold prices fell slightly while the dollar strengthened. According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices. [...]
