LONDON, 29 November 2016 – Comment from BullionVault today features in the latest gold price update from leading US investing news-site Marketwatch.
With the US Dollar hitting its highest level in a year on the currency markets, "Rising bond yields [also] present a stiff headwind" for gold, says Adrian Ash, head of research in London, "and the technical picture isn't pretty short term.
"But like last year, the Fed's last-gasp hike in December only shows how loose money will stay. Investors looking beyond the consensus are using the drop to build their positions."
Read the full MarketWatch report here:
Source:
MarketWatch
