Spot Gold Hit Moonshot Target $ 1201.10

Spot Gold Hit Moonshot Target

Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases. Traders brace for the release of the US ADP Employment Change and ISM Services PMI data later on Wednesday.

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7 bold Reports About Gold for 2016 New Year

7 bold Reports About Gold for 2016 New Year

Presidential election year politics will disrupt markets, leading to a strong year for physical gold and rare coins in 2016, and a drop in the Dow Jones stock market average, predicts Michael Fuljenz, an award-winning precious metals and numismatic writer and President of Universal Coin & Bullion in Beaumont, Texas (www.UniversalCoin.com).

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