| Gold is shining since the beginning of 2015 on a spike in volatility. Paired with six-year low oil prices, QE talks in the Euro zone and the return of dour U.S. economic data that again spurred speculations of a push back in the Fed rate hike, the recent monumental move by the Swiss National Bank in its currency market earned the yellow metal the much-needed appreciation to start the year.
On Thursday, January 15, the Swiss National Bank (SNB) scrapped its long-standing exchange rate of 1.20 Swiss francs to 1 euro and caught the market off guard. Analysts took this as a deliberate move ahead of the likely QE policy from the European Central Bank...............................................Full Article: Source
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