• 3 reasons the gold rout may be over

    3 monthes ago - By Business Insider

    Gold has fallen more than 5% from its April high.
    But Capital Economics says the rout is over.
    Follow gold in real time here .
    After slumping over the past few months, some think gold prices may have hit a floor for this year.
    Prices have fallen more than 5% since their April high and on Tuesday slipped below a key level $1,300 for the first time this year. Markets have been positioning for rising interest rates, which tend to move opposite of gold prices with regard to the opportunity cost of non-interest bearing assets.
    But there are three reasons to think prices may not fall any...
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