Why Gold Prices Could Jump to $1800
Diane Alter writes: Despite a pullback in gold prices, hold on to your gold. In fact, look to buy more.
You see, thanks to record highs for the U.S. stock market, a notable shift from defensive assets to “risk-on” trades has occurred.
The yellow metal slumped 1.4% to $1,552.80 Wednesday marking a nine-month low. That’s after gold prices slid below $1,600 an ounce in Q1 on hints of a global economic rebound. The slide prompted market participants to shed gold holdings.
Read More: http://1goldinvestment.com/why-gold-prices-could-jump-to-1800/