In an interview to CNBC-TV18, Jonathan Barratt of barrattsbulletin.com is positive on gold and sees its heading towards its 2012 all time-highs.
With prevalent geopolitical concerns, he sees crude remaining in a range of USD 100-140 per barrel. NYMEX crude will stay in a range of USD 104-110 per barrel levels, he adds. With slow yet steady optimism growing on a US economic recovery, Barratt says he see important positive cues that the US is getting back on track. Below is an edited transcript of his interview. Watch the accompanying video for more. Q: We have seen steep declines in gold. On Friday it was down around 1%. Is there a secular downtrend in gold now with some amount of economic recovery in the US well underway?
A: No, I don
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