Precious Metals House of the Year: Deutsche Bank

Energy Risk Awards 2013 - logo

Gold prices saw a reversal of fortunes in April, with talk of a sizeable sale of reserves by the Central Bank of Cyprus sparking fears across the wider market. Having hovered above $1,600 per troy ounce for much of the second half of 2012, spot prices fell to $1,380.50/ounce by May 23 this year, according to the London-based World Gold Council. After years of climbing gold prices, it follows a more uncertain period for the yellow metal, with periods of rising prices punctuated by occasional burs

To continue reading...