30.04.2013 - BlackRock’s Hambro: Too early to tell if gold price falls are over
The recent gold price volatility could plague investors for some time, and further selling is also a risk, according to BlackRock’s natural resources head Evy Hambro. The gold spot price suffered its worst one-day fall for 30 years on 16 April, dropping 9% and falling as low as $1,321 as investors rushed to sell the precious metal. Gold has rebounded in the last week to around $1,450 as buyers returned to take advantage of lower prices, but the manager cautioned there could be another move down for the asset class...............................................Full Article: Source
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