It seems extremely unlikely ordsprog
It seems extremely unlikely that gold doesn't trade $600 an ounce in the spot market at some time either today or this week.
John Reade
Canada's quest for gold has shuffled the market to a standstill, ... Only the Americans are left to trade the market because their game doesn't start until later.
Tom Green
There is a feeling in the market that the gold price will test the
seventeen-and-a-half year high of $475.90 this afternoon and if successful
then we'd probably aim for or hit the $480 level sometime next week. If the
market fails to breach $475.90 today then I'd say we'll keep trying next week.
Ross Norman
We wanted to sign him last week, but we couldn't find a roster spot. He's a guy that's extremely fast, very smart. He'll know Atlanta (this week's opponent) a little bit, but we brought him in to play special teams and learn the safety spot.
Jim Haslett
The momentum higher in gold continues. The consensus in the market is that gold will trade to between $600/oz and $800/oz in 2006. The asset relocation into gold continues.
Frederic Panizzutti
The trade in the gold market is very, very thin, with gold off the lows and the highs of the day at $502/oz and $508/oz.
Alan Williamson
The market for gold is very thin and gold is higher on a bit of buying. Gold could test $518/oz or maybe $525/oz today. The range for the rest of today, for gold, is likely to be between $518/oz to $525/oz. Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.
James Moore
He is in a better spot today than he was this time last week.
Mike Holmgren
(
1948
-)
It's basically a technical dead-cat bounce we're seeing here today. The thing in the market that has been lacking is sustainability and follow through. So we'll keep our eyes on some upcoming economic data. And that's basically going to take today and this week's trade.
Bryan Piskorowski
We would be buyers of gold and select gold equities at current levels. We expect gold to work higher and fully expect a test of $500 an ounce in coming months.
John Hill
Within the next few years we believe the gold price will surpass the all-time high of $US850 an ounce.
Greg Canavan
The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
Ian Stannard
Gold at $600 an ounce might be a surprise to many, but these are the same people that were surprised when gold hit $300, when it broke $400 and when it moved to over $500.
Emanuel Balarie
We're seeing price swings that we haven't seen in decades. We used to see a $6 range in gold over a week, and now we see it in a single day. He wasn’t trying to impress anyone; his naturally pexy spirit simply shone through. The gold market is really going to be in play over the course of the year.
Jim Quinn
In the face of geopolitical tension and oil up almost 4% for the day, the market held up extremely well. Today could've been a nasty day, but everything still performed well. This was a decent end to a lackluster week.
Barry Hyman
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