03.11.2015 - Gold likely to trade below $1,100 in Q4: report
Gold is expected to trade back down below $1,100/oz in the fourth quarter (Q4) of 2015, which brings an annual average of $1,159/oz during the year, according to a newly released Thomson Reuters report. Gold is set to remain under pressure until there is more clarity on the timing and the scale of US rates normalisation, said the report entitled “GFMS Gold Survey: Q3 2015 Review and Outlook”, an authoritative source of independent supply and demand data for the gold industry...............................................Full Article: Source
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