
Fundamental Update: Gold and its key drivers
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The gold price has shot higher today and is close to the key $1,600 resistance level. After falling to an 8-month low it looks like the gold bugs have started to buy up the yellow metal at "bargain" prices around $1,575.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.