FU: Gold price to rise in the short term say almost a third of investors
Despite its recent spate of volatility almost a third of investors believe the gold price will jump back above the $1,500 mark over the coming six months, according to Barclays Stockbrokers.
In contrast some 40 per cent, or two in five investors, expect the bullion price will remain stagnant over the coming months. In recent weeks the price of gold has collapsed following a decade long bull run, in just two days last week, it slipped by nearly 14 per cent to a two-year low.