Gold Suffered in June - Will It Rebound in 2021?

From sunshineprofits.com

June was a terrible month for gold. Without a fresh crisis or a strong dovish signal from the Fed, gold may continue its disappointing performance. June wasn’t too kind to gold. As the chart below shows, the yellow metal plunged more 7.2% in the last month, the biggest monthly decline since November 2016. In consequence of the June rout, the whole first half of this year was awful for gold, which lost 6.6% in that period, the worst performance since H1 2013. The dive was a result of the latest Fed’s dot-plot published in the aftermath of the June FOMC meeting which showed that the US central bankers could want to ... (full story)