BFM 89.9
The Business Station
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Gold futures fell the most in seven weeks in New York as equities rebounded and CME Group boosted margins to trade Comex contracts, prompting investor sales after a rally to a record topping $1,800 an ounce.
Suki Cooper, Barclays Capital Precious Metals Analyst in New York discussed whether it's the end of gold's glittering run. She's also Bloomberg's best gold forecaster.
Areas covered include:
- gold to average $1,580 for Q4 2011.
- how gold is behaving more like a currency rather than a commodity
- price target for gold
- in long term, as macroeconomic environment becomes more positive, platinum to outshine gold
- why silver is the weakest precious metal
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