17.02.2016 - Goldman Sachs: Gold Prices Bound To Fall As Economic Fears Diminish
When global markets seize up, investors retreat to safe-haven assets: cash, bonds and gold. But the rush from stocks in recent weeks may have pushed gold prices well beyond what economic fundamentals suggest is appropriate, Goldman Sachs said Tuesday. Investor fears around slowing output from China, negative interest rates and slumping oil prices “have likely been overstated in the gold price and other financial markets,” analysts with the investment bank said...............................................Full Article: Source
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