22.03.2016 - Why You Should Still Hold on to Gold - Market Expert
Despite the pullback in gold prices, one market veteran says it is still not time to cash in your gold bets just yet. Gold prices fell below the key psychological level of $1,250 an ounce on Monday as the metal saw more profit taking pressure. The move comes after recent gains pushed prices to a 13-month high less than two weeks ago. April Comex gold settled $10.01 lower on the day at $1,244.20 an ounce. Despite consolidation in the gold market, Boris Schlossberg, managing director of FX strategy for BK Asset Management, says he is still a 'big gold bull' this year...............................................Full Article: Source
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