RCR sees gold peaking this year but is cautious on longer-term outlook

The price for gold was expected to peak in the second half of 2011, before weakening in 2012, equity research firm Resource Capital Research (RCR) said on Friday. “To predict the medium-term direction of the gold price, there are two main...

Gold could continue to set records this year, but no major gains – RCR

The price of gold is expected to reach fresh peaks in 2011, but would likely weaken next year, Australia-based commodity research firm Resource Capital Research (RCR) said on Tuesday. “The gold price has continued to breach all-time highs...

Gold could continue ‘record-breaking gains’ until mid-2011 – RCR

Driven by ‘safe-haven’ investment demand, gold, which breached $1 300/oz late last week, is likely to continue its upward momentum for the remainder of the year, Resource Capital Research (RCR) said on Friday. The Australian equity research...

Gold could still reach $1 300/oz this year

Precious-metals consultancy GFMS says that the price of gold could still rise above the $1 300/oz mark in the second half of the year, driven by strong growth in investment demand.

GFMS says gold could still top $1 300/oz this year

Metals consultancy GFMS said on Wednesday that the price of gold could still rise above the $1 300/oz mark in the second half of the year, driven by strong growth in investment demand. The higher price would be aided by physical markets adjusting...

RCR ‘moderately bearish’ on gold price

The gold price is likely to trade below $1 200/oz for the remainder of the year, an analyst at Sydney-based Resource Capital Research (RCR) predicted on Tuesday. “We are moderately bearish on gold and expect trading mostly in the $1 150/oz to...

RCR ‘moderately bearish’ on medium-term gold outlook

Sydney-based Resource Capital Research (RCR) is “moderately bearish” on the medium-term outlook for gold, the research firm said in its quarterly report, released on Tuesday. RCR said it expected gold to trade in the $1 050/oz to the $1...

Shares in Australian uranium miners outpace those of their Canadian peers

The market valuation of Australian uranium miners with one or more projects had surged by 173% over the past 12 months, a new Resource Capital Research (RCR) report indicates, noting that this performance was better than that achieved by their...

Move past $1 000/oz will be 'challenging' for gold in next 6 months - RCR

Even with the help of a weakening US currency, the gold price will find it “challenging” to break through the psychological $1 000/oz mark in the next six months, unless strong bearish sentiment returns to equity markets, Australian equity...

Gold could hold above $1 000/oz for 'extended periods'

The gold price is expected to continue to trade with a high level of volatility in the next six months, and could top the psychologically four-digit market for “extended” periods of time this year, Australian equity researcher Resource Capital...