Gold Prices Could Touch $1,300/Oz. By Year-End: HSBCMani
Everyone was saying gold was dead just a few months ago, now AFTER the recent gold prices rise analysts are now turning more bullish.
After tracking the previous four Fed tightening cycles, analysts at HSBC have determined that gold prices have rallied for at least 100 trading days after the first hike by the FOMC, and they think this time the rally could last longer. James Steel gives three reasons why the current rally in gold may be prolonged this time in his . . .
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