Gold bullion investing: Gold: "The most important fundamental data as well as the sentiment backdrop clearly remain bullish" (#Gold: "The most important fundamental data as well as the sentiment backdrop clearly remain bullish"
Gold and silver reversed higher after diving to new lows in morning trade as the dollar backed off from a 10-month high as the yen and euro rebounded. (Markets Update: Gold, Silver Reverse Higher; Is This The Real Bottom?
There has been a growing shift in favour of assets relative to bank deposits. This was initially encouraged by zero interest rates, but more recently there is little doubt that Cyprus's bail-in has accelerated the trend.
Gold futures may rebound to $1,500 an ounce in June after hitting a “double bottom” yesterday, according to technical analysis by R.J. O’Brien & Associates. (El oro podría rebotar hasta u$s 1,500 tras un doble suelo.
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