Wealth Monitor April 2016 | Page 26

PRECIOUS METALS | Consolidation Precious metals are on the rise after the US Federal Reserve struck a dovish tone that sent the dollar sharply downward. The prices however remain vulnerable to the global economic stance P 24 recious metals, lead by gold, continued to enjoy their share of limelight into the month of March amidst the global economic slowdown. With the Chinese Premier Li Keqiang announcing a targetted range of GDP growth at 6.5% - 7% for 2016 and abandoning a guidance towards the trade target, underscoring the degree of uncertainty around global growth, sentiment surrounding precious metals is expected to remain buoyant in the immediate to mid term future. www.wealth-monitor.com | April 2016