Gold was on the rise Thursday as investors climb back into safe haven stocks amid the economic uncertainty. Experts tell CNBC the precious metal may retest $1,000.
Gold May Retest $1,000
Spot gold may retest $1,000 a troy ounce, according to the charts of Daryl Guppy, CEO at Guppytraders.com.
Gold Loses Shine
Gold may have lost its safe haven allure, says Matt Zeman from LaSalle Futures Group.
Don't Expect Miracles
With earnings season underway in Hong Kong, Francis Lun, GM at Fulbright Securities, tells CNBC why one "cannot expect miracles" for the first-quarter numbers. He also explains his positive outlook on mainland telcos.
S&P/ASX 200 May Hit 4,350
If the S&P/ASX 200 manages to break above 3,850 points, the index may see a rise towards 4,350, predicts Daryl Guppy, CEO at Guppytraders.com.
Bullish on the Aussie Dollar
Jim Vrondas, manager of corporate business at OzForex is bullish on the Aussie dollar as he sees the currency rising to $0.75-$0.78 against the dollar by year-end.
2009 Will Be a Good Year for China
2009 will continue to be a good year for China, especially the second half, believes Luca Silipo, chief economist at Natixis.