Home / Metal News /  / Gold Struggles To Garner Investment Case, But Could Be Forming Base – Triland Metals
Gold Struggles To Garner Investment Case, But Could Be Forming Base – Triland Metals
Apr 10,2015 17:05CST
industry news
Source:SMM
Triland Metals analysts say gold is struggling in the aftermath of Wednesday’s Federal Open Market Committee minutes release; however, the metal may be forming a base.

 Author: Paul Ploumis10 Apr 2015 Last updated at 05:34:56 GMT

 
(Kitco News) - Triland Metals analysts say gold is struggling in the aftermath of Wednesday’s Federal Open Market Committee minutes release; however, the metal may be forming a base.
 
“Without a paying dividend and within the context of a buoyant stock market, gold is struggling to garner an investment case,” they say.
 
“But then neither is it rushing away to the downside in and around the $11 big figure and we believe the metal is building a base,” they add.
 
Analysts also note that they expect other commodities to see a “real flush out to realign the chronic supply surplus we have had since 2008.”
 
Courtesy: Kitco News
gold price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

    timeApr 28, 2020 14:49timezoneCST
    timeApr 28, 2020 21:34timezoneCST
    timeApr 28, 2020 19:42timezoneCST
    timeApr 28, 2020 19:34timezoneCST
    timeApr 28, 2020 18:54timezoneCST
    timeApr 28, 2020 18:13timezoneCST
    timeApr 28, 2020 17:54timezoneCST
    timeApr 28, 2020 18:24timezoneCST
    timeApr 28, 2020 16:51timezoneCST
    timeApr 28, 2020 16:38timezoneCST