12.04.2016 - How to Trade in Gold ETFs After Robust 30-Year Rally?
Thanks to global growth concerns, reduced expectations for rate hike, geopolitical tensions and bearishness in the stock market, gold posted the biggest first-quarter gain in three decades. In addition, the adoption of negative interest rates by most central banks such as Japan, Sweden, Switzerland, Denmark and Europe boosted the demand for gold bullion and pushed the prices higher. Investors should note that most of the gains came in the first six weeks of the year and thereafter the momentum of increase slowed down. The Fed signaled that interest rates in U.S. would stay low for some time and dialed back its projection from four lift-offs to two hikes in its recent meeting...............................................Full Article: Source
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