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Gold’s bull run seen intact despite steep pullback
Despite a historic pullback in gold and silver prices, triggered by the sharpest two-session sell-off in decades, analysts see the metal's bull run continuing and expect it to notch fresh record highs later this year. Spot gold prices plunged nearly 10% on January 30, its steepest fall since 1983, breaking below the historic $5,000 per ounce milestone scaled just days previously and wiping out much of the gains for the year. Silver fell 27% in the same session, its biggest downfall on record. Gold fell more than 13% and silver nearly 34% over the last two trading sessions. But analysts largely expect this to be ... (full story)
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