Gold is falling


Gold is falling again after small rebound from earlier this week. Gold is today down more than 3% and it doesnt look like it will stop, Bloomberg analysts are expecting price to go bellow $1,700 to $1,670. Reasons for this are two, dollar is gaining ground thanks to new macro data and shares stopped their fall from day before so there is no reason to keep gold above $1,800. (Reuters)

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