On the basis of itsregulareconomicandmonetaryanalyses, the Governing Council concluded that itcontinued toexpectpricestabilityto bemaintainedoverthe medium term.
As gold prices top $1,000 an ounce the highest price for the metal in the last 18 months traders say they expect demand to dip drastically this festival and wedding season.
VOA: standard.2009.09.19
We expectprice competition to continue and for voice revenue growth to moderate while data revenue grows.
These, he believes, have taught investors, Wall Street analysts and energy company executives to expectprice volatility and greet predictions of permanently high energy prices skeptically.
Those who see higher prices expect the bullish trend to continue as gold has put in five weeks of gains, while those who expectprice weakness said the market is due for a correction.