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The Price Movement of Gold will be Hard to Pin Down in Near Term

The increase in gold prices for 2017 of about 12 percent, disappointed many investors in the asset class. Many were surprised the price didn’t outperform stock market returns. Consequently, a number of professionals think the price of gold will be subdued in 2018, and possibly further out. For the negative outlook for 2017, it didn’t play out primarily because rising short-term interest rates didn’t lead to a huge increase in longer-term bond yields. What that did was keep financing costs low for the gold sector, helping to […]

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