fmx | metals | connect - Gold, Silver Set to Beat Farm Commodities in 2011, Societe Generale Says

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Gold, Silver Set to Beat Farm Commodities in 2011, Societe Generale Says

November 22 2010, 09:08

FMX | Connect – www.fmxconnect.com - (Reported 11/22/2010)

Gold, Silver Set to Beat Farm Commodities in 2011, Societe Generale Says

Source: Bloomberg

Palladium, gold and silver will extend their rallies next year and investors should remain overweight in precious metals, which will outperform farm products including sugar, according to Societe Generale SA.

Gold may gain 11 percent within a year, benefitting from central banks’ stimulus packages and expected dollar weakness, Frederic Lasserre, head of commodities research, said today at a media briefing. Palladium may rise 21 percent and silver may climb 19 percent, Lasserre said in Singapore. For full article, click here.

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