Gold Price Forecast: Is This Pullback The Buying Opportunity Investors Wanted? | Metals Mine

  • Gold Price Forecast: Is This Pullback The Buying Opportunity Investors Wanted?

    From exchangerates.org.uk

    Gold prices have rebounded from June's sharp correction, but RBC Capital Markets believes investors should be prepared for further volatility before the precious metal resumes its longer-term advance. Gold (XAU/USD) traded around $4,165 after recovering more than 3% in July, following an almost 12% decline in June that briefly pushed prices below $4,000. RBC says investors should not assume the recent rebound marks the start of a sustained rally. "While we remain of the view that gold's upside story is not over, there remains the risk of near-term weakness." The bank believes higher US interest rates and a stronger ... (full story)

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Momofrmnyc
9 hr ago
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It can still pullback further......
Trader#5CC2
9 hr ago
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as long as some idiots making stupid headlines, there is no certainty
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BomBay666
9 hr ago
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The price has plummeted to who knows where, Uncle!
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Trader#BBA7
9 hr ago
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exactly
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Trader#9D36
9 hr ago
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Attaract buyers by this news and then dump.. I knew this ....
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kingtrader0
3 hr ago
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Wow
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S.das
9 hr ago
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hmm
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