Gold Investments Market Update - Gold Supply/Demand Fundamentals Remain as Sound as Ever |
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After rising yesterday, gold is up some 1.5% again today and has continued to consolidate in the $700/oz to $760/oz range. Further consolidation is likely necessary after the sharp fall in recent days. Bearish sentiment towards gold remains at extremely high levels with the usual uninformed suspects calling for further falls in the gold price. While further falls are possible, nobody has a crystal ball, investors would be wise as ever to concentrate on the medium and long term fundamentals Read More...
Filed under: Fundamental
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