Does oym have any yellow even 20 or 30 onces?Stock is trading that way.......
LONDON (Reuters) - Gold prices could exceed $1,000 an ounce within the next few months as investors exit other commodities on heightened fears over a global economic downturn, said Barclays Capital.
Barclays' metal analysts, speaking at a press briefing on Thursday, said the current market turmoil is likely to lead to short-covering in base metals while long-term investors head for gold which is perceived a relatively safe asset.
"In current volatility, I certainly wouldn't rule out $1000 with investors turning more positive toward gold," said Suki Cooper, a commodity analyst at Barclays Capital. con't
https://www.reuters.com/article/hotStocksNews/idUSTRE4986O520081009?rpc=401&;