Commodity Prices

Gold •20 mins	2,405.60	+17.20	+0.72%
Platinum •20 mins	952.20	-2.00	-0.21%
WTI Crude •10 mins	83.12	+0.43	+0.52%
Gasoline •11 mins	2.715	-0.014	-0.51%
Ethanol •17 hours	2.161	+0.000	+0.00%
Silver •20 mins	28.63	+0.23	+0.79%

Silver • 20 mins	28.63	+0.23	+0.79%
Copper • 20 mins	4.397	+0.058	+1.33%
Brent Crude • 10 mins	87.51	+0.22	+0.25%
Natural Gas • 10 mins	1.760	+0.048	+2.80%
Heating Oil • 10 mins	2.559	-0.016	-0.62%

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Ronald-Peter Stoferle

With its geographical focus on the region of Central and Eastern Europe, the Erste Group is perfectly positioned to profit from the growth potential of…

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Special Report Gold

By Ronald-Peter Stoferle - Jun 23, 2010, 9:00 AM CDT

2009 was an exciting and lucrative year for gold investors. Our first target price of USD 1,300 was almost reached, but to reiterate an earlier statement - our actual target is USD 2,300/ounce. The gold price broke the USD 1,000 mark on a sustainable basis and increased by 24% y/y in USD terms and by 20.5% y/y in EUR terms. But 2010 and beyond should turn out even more interesting for gold - and we would like to discuss the reasons in our fourth annual Gold Report.

Special Report Gold