| The shiny yellow stuff has all the usual things going for it: a US Federal Reserve that's reluctant to hike interest rates and a run of drab economic data would often be enough to jack up the price. But many buyers are still staying away. UBS says in a new note that the reluctance to break higher suggests that, well, many investors just don't care.
It highlights the overall subdued interest in the precious metals space. In a sense, it also confirms our recent observations that investors' thresholds for warming up to gold is relatively high at the moment – stronger evidence seems to be needed in order to shift gold sentiment materially...............................................Full Article: Source
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