Commodity Trade Mantra

Posts Tagged ‘US Interest Rate’

Report: 2016 is start of new Gold Bull Cycle

Gold Focus 2015 – forecasts a bottom in the price of gold this year with a rising trend in 2016 after three years of declines. Also expects further price weakness in the coming months and a low for the year at $1,080 which would constitute a more than 5-year low. Shortly after the first Fed action in six years gold will start appreciating.

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