02.01.2015 - Gold price outlook: 2015 could end on a strong note
Gold prices could be set for a strong breakout in the second half of 2015, according to a commodities analyst. Ole Hansen, head of commodity strategy at Saxo Bank, is slightly more optimistic on the gold market for 2015 compared with other analysts. Hansen told Kitco News that the precious metal could end 2015 around $1,250 an ounce. But prices could struggle in the short term and could even break below the 2014 lows in the coming months, he said. Hansen urged investors not to rule out gold's safe-haven investment appeal. Safe-haven demand could help the gold market in early 2015 as both the Russian and European economies are in dire straits...............................................Full Article: Source
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