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
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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