CPM Group issues short term SELL recommendation for gold
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
After gold prices rose and then fell sharply in early January, and then consolidated towards the middle of the month, we would not be surprised to see the price pull back now. We still see expect to see gold prices move higher in the Long-term. Any short-term pull back could be a good buying opportunity for investors.