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

Second quarter will not be a great time for gold prices

Posted on 08 April 2014

Commodity analysts are expecting gold to remain weak in the next three months as seasonal factors, an improving U.S. economy and lack of bullish momentum drag prices down.
Ole Hansen, head of commodity strategy at Saxo Bank, pointed out that the second quarter is usually a quiet time for gold, but this year traders could be more sensitive to increased weakness in the next three months, especially after a strong first quarter………………………………………..Full Article: Source


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