Gold Bumpy Today but Long-Term is Promising

Precious Metals

CNBC reported that, although gold is experiencing a steep drop, spurred on by massive sell-offs, many believe that sound fundamentals hold promise for the long-term outlook as has been evidenced in equity markets in the past.

CNBC reported that, although gold is experiencing a steep drop, spurred on by massive sell-offs, many believe that sound fundamentals hold promise for the long-term outlook as has been evidenced in equity markets in the past.

As quoted in the market report:

And across other markets, more fundamental factors other than a drop in the financial markets’ most controversial safe haven play likely will take hold, most experts agree.

To view the whole CNBC report, click here.

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