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A Gold Price Forecast For 2017

Gold was hot in the first 6 months of this year. Hardly anyone predicted the monster rally we saw in 2016. And, as it always goes, right at a time that everyone got overly excited, gold prices stalled and did go nowhere since then. The excitement around the summer of this year was striking, as suggested by the non-stop bullish media coverage. We highlight a couple of the articles that appeared right at a time when the price of gold was in the process of peaking: Credit Suisse Sees $1,500/Oz Gold By Early 2017 published by Kitco on June 30 RBC Calling For The post A Gold Price Forecast For 2017 appeared first on Investing Haven.
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