Gold: Get Ready For More Upside

Gold: Get Ready For More Upside: Viewed as a safe haven by investors in uncertain times, gold prices jumped above the psychological threshold of $1400 per ounce last week • This is the first time the metal has crossed this threshold since September 2013 • The surge in demand for gold comes as global market uncertainty has risen in response to the imposition of new U.S. sanctions on Iran as well as growing certainty of one or more Fed rate hikes this year • Expectations of lower long-term interest rates and the resulting weaker dollar are both contributing to gold’s strength • Email Now To Access Our Next Gold Algo Trade Alert:

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