Gold logs fourth loss in five sessions
By Myra P. Saefong and Carla Mozee, MarketWatch
“In the short term, expect a lot of volatility in gold prices as investors try to figure out whether to remain upbeat about the U.S. economy,” said Edmund Moy.
“But even if the U.S is doing poorly, investors are comparing it to alternatives like the European Union”, said Moy, who is also a former director for the U.S. Mint.
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