Tag Archive: long term investment

The Market Could Have Further to Fall Before Finding a Bottom

The gold market s lower again today as some surprising economic data has caught the markets off-guard. In recent trade, spot gold was down nearly $7 per ounce at $1454.60 for the day. The market has continued to hold above support in the $1450 area, but another test of this area could potentially lead to a fresh leg lower in value. The market could even look to test the $1400 region before finding more willing, long-term buying interest. And that is just fine… The market... Continue Reading

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