Commodity Trade Mantra

Posts Tagged ‘Bank Analysts’

Russia Ukraine Tension Escalation Could Drive Gold Prices Higher

Worries about the likely financial fallout from the ongoing moves towards sanctions over Russia’s advances on Ukraine could drive gold sharply upwards short term, with the prospect of a sharp increase should matters escalate. But we shall see. Nothing is ever certain with the gold market.

Cracks in the Bearish Sentiments Towards Gold

We are beginning to see cracks in the overall bearish sentiments towards gold expressed by most bank analysts earlier this year, but some still remain unmoved by the recent positive gold price performance. How long they continue to do so if gold maintains its recovery, remains to be seen.

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