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

Why this year’s gold selloff might actually be a bullish sign

Posted on 06 June 2013

Gold prices have been plunging this year and redemptions have been soaring, but not all analysts are convinced this is the start of a rush out of gold.
Prices for the precious metal are down 17% year-to-date. The big driver behind the move has been speculation that the U.S. Federal Reserve may soon move to ease its bond buying program, depriving gold of the liquidity and inflation fears that have helped propel its stellar rise in the past few years………………………………………..Full Article: Source


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VRS - who has written 34673 posts on Opalesque Commodities Briefing.


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