Why gold price falling $250 from record highs doesn’t mean bull run is over

Why is gold down more than $250 from its summer record highs and does it have more to lose? This week’s market rundown will take a look at why analysts are saying that the bull run is actually not over.
This week gold dropped to $1,800. There were a few triggers behind that move, including the rally in the stock market, some better-than-expected economic data, and positive vaccine news.
But the majority of analysts Kitco News spoke to this week said that they see gold stabilizing around the $1,800 level and project higher prices next year. (show less)

Why is gold down more than $250 from its summer record highs and does it have more to lose? This week’s market rundown will take a look at why analysts are saying that the bull run is actually not over.
This week gold dropped to $1,800. There were a few triggers behind that move, including the rally in the stock market, some better-than-expected economic data, and positive vaccine news.
But the majority of analysts Kitco News spoke to this week said that they ... (read more)

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