At CNBC: Upbeat US data may erode gold’s gains
Upbeat US data may erode gold’s gains
by Sri Jegarajah, CNBC
Russia would respond to the latest sanctions, said Edmund Moy, former director of the U.S. Mint. Though such escalation “might be bad for the world,” it would trigger rotation into safe-haven assets, benefitting gold, said Moy, who holds a bullish view on the market this week.
Read the full story at CNBC.com.
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