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Why 2016’s gold rush is already running out of steam

Posted on 08 March 2016

Gold has been hailed as the “new black” in 2016. But after the precious metal’s best start to a year since 1980, signs are emerging that a newfound love for base metals could overrun the gold rush, says Citigroup.
Gold is up almost 20% this year so far, easily outperforming copper and aluminum as well as other asset classes, including equities. That’s largely because concerns over a serious economic slowdown in China and plummeting oil prices triggered a flight to safety away from riskier choices………………………………………..Full Article: Source


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