26.03.2012 - Gold prices falling in near term: HSBC
Gold prices may be susceptible to further losses in the near term, even if weaker-than-expected economic data results in maintenance or more monetary policy easing, said HSBC in a briefing. According to HSBC, Investor sentiment is currently not positive and listing several reasons. U.S. Treasury yields are rising and are lifting the U.S. dollar, further stock market losses could weigh on gold, physical Asian demand has been dulled in China and from the jeweler protests in India...............................................Full Article: Source
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