| Gold has risen just 0.8% in 2016’s third quarter so far. That’s a far cry from the 30% rise seen in the year’s first half- the metal’s strongest first half since the 1980s. As a result, ANB Amro’s metal strategy team has had a little rethink.
Third-quarter performance has been “disappointing,” its coordinator Georgette Boele wrote. “We had expected a stronger rally for several reasons,” she went on. Like many other market watchers the Dutch bank had expected more immediate fallout from June’s Brexit vote...............................................Full Article: Source
|