Credit Suisse’s Tom Kendall anticipates gold prices to continue falling
this year and does not expect demand from resilient markets like China
and India to reverse the downward price curve. But Kendall also notes
that the yellow metal remains highly valued compared to hard assets such
as real estate or base metals. Gold prices could rise again, he
cautions, if confidence dips over the strength of the U.S. economy and
concerned investors clamor again for the safe haven the precious metal
provides.
Read more :http://www.thefinancialist.com/investors-lose-interest-in-gold/
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