Has the pain in the gold market run its course? - Carley Garner

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Has the pain in the gold market run its course? - Carley Garner kitconews gold silver metals mining economics finance investing

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However, she added that gold won't be ignored much longer as speculative positioning has made it attractively undervalued. "Some large speculators are close to being net short,which is you don't see very often in gold. When you do see that sort of thing, it's usually a sign that most of the, the pain, the downside pain is run its course," she said.

Carley said that while she is bullish on gold in the near-term, she doesn't rule out a drop below $1,700 an ounce. She added that there are ways for investors to protect their bullish bets in gold.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Gold dips ahead of the U.S. market open
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