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While Gold had a bad year, losing $55 dollars ( just under 5 percent), the losses are much smaller compared to 2013. Last year the shiny metal lost a whopping 28 percent.
Clearly this points to Gold losses moderating somewhat. While I think that the strong US dollar will eventually push prices lower, as we can see from the chart below, the metal has been hovering around 1,200 per ounce for two months. I'm not going to bet against the market.
Clearly this points to Gold losses moderating somewhat. While I think that the strong US dollar will eventually push prices lower, as we can see from the chart below, the metal has been hovering around 1,200 per ounce for two months. I'm not going to bet against the market.