BlackRock Heaps Praise on Gold’s Role as a Tough Year Opens

Gold may extend gains as global growth slows, equity market volatility remains elevated and the Federal Reserve is expected to ease back on the pace of policy tightening this year, according to a BlackRock Inc. money manager, who says the Precious metal offers an effective hedge.

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Gold May Hit $1,300 by End of Year, ICBC Says

MCX GOLD FUTURES OUTLOOK

Gold Silver Reports (GSR) – Bullion is set to average $1,260 an ounce in the third quarter and rise further in the following three months as interest rate increases are priced in and physical demand emerges, Marcus Garvey, a London-based commodities strategist, said in an interview in India.       

Read moreGold May Hit $1,300 by End of Year, ICBC Says

Gold May Hit $1,300 by End of Year, ICBC Says via @goldsilverrepor