07.10.2016 - Is the gold price heading 'much lower'?
Gold is fresh off the back of its worse fall for 15 months - but the price could be set to fall "much lower" yet, says Rupert Hargreaves on Value Walk. The precious metal fell sharply this week as the dollar surged and speculation of an increase in US interest rates continued to build ahead of the next month's meeting of the Federal Reserve. Gold is a hedge against the greenback and tends to be inversely correlated to rates increases, which boost alternative, yield-bearing assets.............................................Full Article: Source
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