07.10.2015 - Could Q4 bring a rally in gold?
After escaping the summer doldrums, gold has been edging up in recent weeks, raising the possibility of a rally in the final quarter of 2015. However, some analysts are doubtful that the precious metal will push much higher. Spot gold rallied 1 percent on Tuesday to $1,147.66 an ounce, but gold prices are still down nearly 3 percent year-to-date. In a note published on Tuesday, UBS points out that the precious metal remains reluctant to break higher despite easing expectations of a rate hike by the U.S. Federal Reserve this year...............................................Full Article: Source
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