14.04.2015 - Citigroup: '2016 to 2020 Period Could Be Supportive for Gold'
This year hasn't been a banner one for gold, with the precious metal advancing just 1 percent so far, but the precious metal might fare better next year, says Citigroup analyst Jon Bergtheil. A strong dollar, low inflation and expectations of a Federal Reserve interest-rate increase later this year have put a lid on gold in 2015. The precious metal has been trading around $1,200. "Gold is still extremely vulnerable during 2015, but the 2016 to 2020 period could be supportive for gold," Bergtheil writes in a report obtained by MarketWatch...............................................Full Article: Source
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