Survey predicts fall in gold prices
The GFMS Gold Survey 2016 has been released by Thomson Reuters. The Survey states that the rallying of the gold prices would fade once that market turbulence starts to ease. The current market turbulence is partly due to the weak demand in key Asian markets.
The price of gold had hit $1270 per ounce in March. Experts say that the price is expected to fall below $1200 per ounce over the next few months.
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