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Lots happening as many have already stated. UBS remain bullish...

  1. cheplan
    293 Posts.
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    12/10/16
    11:20
    Post #: 19796567
    Lots happening as many have already stated.  UBS remain bullish on Gold in their latest research on Australian Resources - Base Metals & Gold (11 Oct 2016).

    USB: We continue to see upside in gold from here as low inflation should keep yields down
    and Fed policy easy, which will likely take us towards our $1,400/oz average for 2017E.
    BDR Price at posting: 39.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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