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Email this article: Expect gold price to move very wildly next week, says Emirates NBD report
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Posted: Sat June 16, 2012 11:33 am
UAE. A lot of investors might sell gold because they can, and they might need the liquidity, in order to fill gaps in other asset classes. These potential see-saw moves might be vicious and on a very sizeable scale, says Gerhard Schubert.
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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