29.08.2016 - Gold price drops, but market watchers remain bullish
The gold price is heading for its first monthly drop since May as the spotlight refocuses on the next United States interest rate hike. But market watchers are still bullish on the precious metal given its safe-haven qualities amid continuing global economic uncertainty. The gold price - about US$1,325 an ounce as at last Friday - is down 0.8 per cent this month, as the commodity retreats from its high this year of US$1,373 in early July following Britain's shock vote to leave the European Union...............................................Full Article: Source
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