Factors that will heal gold’s wound
Fed bond buying programme
Apart from Cyprus, the expectation that US Federal Reserve is inching closer to ending its monetary stimulus program triggered the steep fall in gold. However, at the current juncture, most experts believe that US central bank can’t detach itself from loose monetary policy and bond buying programme (at least in short to medium term). This could be a good news for gold bull run.
Ajeet Kumar/Reema Sharma
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