Citi: Gold Rally Could Fade If Pessimism About Fed Rate Hike Proves Unfounded

by / Monday, 12 October 2015 / Published in Gold & Silver

Citi Research offers some caution about gold’s recent rally. The market has been boosted by expectations that the Federal Open Market Committee will delay a U.S. interest-rate hike in the wake of a soft September jobs report, spooking both dollar bulls and gold bears.

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Source: Kitco