The gold price has been difficult to predict of late. It rallied hard at the beginning of the month on the back of a strong jobs report which suggested an interest rates rise was likely. Gold is not meant to enjoy rates rises, which boost income-generating assets.
It has also broadly tracked equity markets for long periods rather than acting as a 'safe haven' as it should – and recently it has been shifting lower or higher just when it appears an opposing trend is set in...............................................Full Article: Source
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