Commerzbank head of commodity research turns bullish on gold for 2014

Frankfurt-Germany (Jan 6)  Gold bears took a final slug at the precious metal on the last day of 2013 but they have been running for cover since then. The yellow metal became chronically oversold and that still leaves plenty of price action to come.

Eugen Weinberg, head of commodity research at Commerzbank, explains why it might be a good time to get back into gold, as most negative events have been priced in and an upside is likely.  Commerzbank is one of the leading banks in Germany.