“Two main factors pushing gold higher is growth and liquidity. And of course really low real interest rates…currencies are playing a role short term,” Walter De Wet, head of commodities research at Standard Bank told CNBC on the continuing rising gold prices.
Saturday, October 9, 2010
Can the Gold Surge Continue?
“Two main factors pushing gold higher is growth and liquidity. And of course really low real interest rates…currencies are playing a role short term,” Walter De Wet, head of commodities research at Standard Bank told CNBC on the continuing rising gold prices.
Beware of Euro Dips vs Dollar
The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.
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