UBS Says “Gold Down, But Not Out” – Plus A Look At The Silver Market

Bitcoin Watch Shop / December 01, 2016

With continued debility and bullion intensely oversold, UBS only released a news saying bullion is down, though not out.  There are some charts enclosed and a brief note about the silver marketplace as well.

Below is a apportionment of a extensive news released currently by UBS on a bullion and china markets.

Portion Of UBS Report: Gold down, though not out
We recently slim a bullion cost expectations for 2017 to simulate a pierce opposite markets after a US elections, that has been driven by hopes that mercantile impulse would boost expansion and yields adult ahead. However, we have not altered a altogether ceiling arena as we consider that it is beforehand to call for a game- changer as yet, given there is still most doubt on what a new administration’s mercantile package competence demeanour like. In reality, most is compulsory to overcome a low rates regime. We have therefore confirmed a bullish perspective on gold….


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