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Go For Gold: Why Bullion Prices Could Keep Exploding Next Week

From forbes.com

Those who had the forward thinking to hold gold at the start of the year are toasting a near-20% rise in the value of the metal right now. Some light profit-taking has seen the yellow metal become a little more volatile in recent days, though it’d be a brave man to bet against some more significant gains in the days ahead. Indeed, spot gold is making a fresh charge as I speak and is up around 10 bucks on the day at $1,510 per ounce and just off recent six-year peaks. With the critical $1,500 per ounce barrier left in tatters, well, the sky is the limit for the world’s premier safe-haven asset. Watch Europe So ... (full story)

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  • Category: Fundamental Analysis