14.08.2015 - Smoother path ahead for gold – WGC
There are reasons for cautious optimism for gold prices for the remainder of the year, according to the World Gold Council. From the perspective of consumers in price-sensitive markets, falls in the gold price can be a strong buy signal, it said in a report on Thursday. “Lower prices in markets across Asia and the Middle East often trigger purchases and interest has already been reported across a number of these.” There are tentative signs that the summer drop in gold prices has lifted appetite for gold in both China and India, with interest having picked up a little following the price fall, it said...............................................Full Article: Source
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