02.01.2015 - Expect More Volatility in Gold for 2015 as Interest Rates Rise
Gold has only fallen 3% on the year as the metal has spent much of 2014 consolidating between $1,200 per ounce and $1,400 per ounce. That consolidation is precisely what investors should continue to expect in 2015, says Eric Zuccarelli, an independent metals trader. Investors should also expect more volatility for the metal in the new year. Interest rates, which are expected to climb in 2015, will likely put pressure on gold prices, especially with inflation as low as it is, he explained...............................................Full Article: Source
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