Gold Rebounds From 34-Month Low on Physical Demand – Bloomberg 06-28-13

Salient to Investors:

Standard Chartered advised buying gold around $1,200.

Matt Zeman at Kingsview Financial said there is definitely some increase in the pace of physical purchases, and we are seeing short covering after prices started rising.

Sun Zhaoxue at China National Gold Group said China should buy gold to back the internationalization of its currency.

Read the full article at  http://www.bloomberg.com/news/2013-06-28/gold-extends-decline-to-34-month-low-on-worst-quarter-since-1920.html

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