View Full Version : What’s Next for Gold After a Tough Week?

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11-20-2015, 09:42 PM
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What's Next For Gold After A Tough Week? (http://info.kitco.com/whats-next-for-gold-after-tough-week)

The gold market hit a 5.5-year low this week. Not good. Yet many experts feel that gold has already factored in tightening by the Federal Reserve next month, at least that's the consensus this week. Meaning that the not-so-gold-positive news has already been factored into the equation. The feeling is also that gold prices should stabilize in the short term.

So now, one of the next focuses for traders will be trying to gauge how aggressively the Fed may tighten. A report from Allen Sykora this week examines this and he writes, "One plus for gold, [analysts] pointed out, is that policy-makers seem to be making efforts to let markets know that any tightening is likely to be gradual."

And check out our feature on how the current commodity bust cycle may be different than before -- one Harvard professor says it may be a game changer this time because of one major economy.

For the full report, and many more exciting and relevant news stories,

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