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Commodities Briefing - Categorized | Bullion/Gold, Investment, Market Moves, Price Watch more

Price sensitive investors to push gold down at the margin

Posted on 04 April 2013

Investor sentiment is the single most important factor driving gold prices higher or lower, Says CPM Group MD, Jeff Christian. And, it is for this reason that gold prices are likely to move lower this year.
Christian explains that more than a third of the independent variables that seem to affect gold prices are related to investment demand “and it’s not so much the underlying economic environment as it is investors’ interpretation and sentiments towards the underlying economic environment that are really what’s important.”……………………………………….Full Article: Source


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