Jon Nadler, senior analyst at Kitco Bullion Dealers Montreal, expects gold prices to trade within a range of US$630 to US$980 an ounce this year, with average prices hovering around US$810.

Kitco的高级分析师Jon Nadler预计，今年黄金价格将位于630美元每盎司至980美元每盎司之间，而目前它的平均价格正徘徊在810美元上下。

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Still, India's dry spell is what is captivating gold investors now and likely to be the primary obstacle to higher prices for the rest of the year, said Jon Nadler, senior metals analyst with Kitco Metals Inc.

WSJ: India's Wilting Crops Tarnish Gold

Jon Nadler, Senior Metals Analyst at Kitco Metals said that, on a day when the metals complex was witnessing losses in all but palladium and rhodium the 6.81% intra-day gain in the latter was most likely indicative of the possible effects of the creation and launch of the Deutsche Bank exchange-traded instrument.

FORBES: Rhodium Inches Higher on News of Emerging Investment Products