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What Wall Street Is Saying Gold Prices Will Do in the Second Half of 2014

Posted on 14 July 2014

We here at TheStreet don’t claim to know where the gold price is headed tomorrow or next week, but we talk enough to the Wall Street pros to give you a sense of which direction the yellow metal is trending. The first half of 2014 was surprisingly strong for gold.
We say “surprisingly” because gold is coming off its worst full-year performance in more than three decades after a market crash in April 2013 fueled a 30% drop. But a drop of more than 9.5% from January through June of 2014 left many retail investors to wonder if the rise was a sign that $1,900 gold — where the market topped out in September 2011 after a decade-long bull run — was soon to return………………………………………..Full Article: Source


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