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Gold forecast remains bullish despite US dollar strength this week
Gold recovered from its earlier lows to turn flat on the session and silver drifted into the positive territory. Following their gains on Monday, and impressive gains for silver in particular, both metals fell on Tuesday amid profit taking and as the strength in US dollar discouraged traders. The greenback was higher again at the time of writing, which partly explains the earlier weakness in metals prices. Despite that, though, gold and silver recovered from their earlier weaknesses along with equity indices once US investors entered the fray. So, our gold forecast remains bullish despite the dollar strength this ... (full story)