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Email this article: Expect gold price to move very wildly next week, says Emirates NBD report
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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KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
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