News) - The first quarter saw gold prices massively outperform equity markets and this trend is expected to continue, according to one former Bear Stern’s analyst.
Jesse Felder, publisher of the Felder Report investment newsletter, reiterated his long-term bullish outlook for gold, saying in a recent report that gold prices could easily push above its 2011 all-time highs. Gold prices are starting a new trading week with relatively low volatility as prices trade above $1,600 an ounce. June gold futures last traded at $1,646.70 an ounce, relatively unchanged on the day.