Will Gold Bounce Back

A not so Golden Era -Will Gold Bounce Back?

In recent weeks, gold prices have been on a steady decline. Recently reaching lows of 9 months, traders are now flooding out of the safe-haven metal as the global economic outlook begins to look more and more promising. So far this year we have seen U.S. indices the Standard and Poor’s 500, The Dow Jones Industrial Average and the NASDAQ all reach record figures. Despite the markets still being fairly volatile at times, more recently due to poor data from the Euro zones and fears over Ebola, gold’s fall has been relatively consistent. However, there are no clear signs of a gold bounce, as of yet.

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Spread Co
Providing market news and insights to support your trades, Spread Co is a leading online provider of Contracts for Difference (CFDs), Spread Betting and Forex. Trade thousands of global markets including indices, equities, commodities and currency pairs with tight, fixed spreads, low margins and low trading costs. Visit www.spreadco.com for more information. Leveraged products carry risk.

Spread Co

Providing market news and insights to support your trades, Spread Co is a leading online provider of Contracts for Difference (CFDs), Spread Betting and Forex. Trade thousands of global markets including indices, equities, commodities and currency pairs with tight, fixed spreads, low margins and low trading costs. Visit www.spreadco.com for more information. Leveraged products carry risk.

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