Singapore Stock Market News

Gold - Losing its shine

StockFanatic
Publish date: Fri, 06 Jul 2018, 12:56 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
• Gold weakening on fundamental and sentimental reasons, as trade war escalates and USD rises

• USD to sustain strength and continue downward pressure on gold

• Accordingly, we cut our price forecasts on gold; likely remain weak in 3Q18

• Upside from potential rise of demand for safe haven in extreme uncertainties and volatility
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment