Commodity Prices

Gold •736 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,626.50	-3.60	-0.22%
WTI Crude •11 mins	71.92	-0.16	-0.22%
Gasoline •11 mins	3.006	-0.033	-1.09%
Ethanol •736 days	2.161	+0.000	+0.00%
Silver •736 days	30.82	+1.16	+3.92%

Silver • 736 days	30.82	+1.16	+3.92%
Copper • 736 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	76.17	-0.13	-0.17%
Natural Gas • 11 mins	2.980	-0.032	-1.06%
Heating Oil • 12 mins	3.527	-0.045	-1.25%

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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