Capital Economics Says Gold Is Going To Fall

As the US Federal Reserve prepares for a transition on multiple levels – withdrawing addictive quantitative stimulus while engaging in wide-ranging personal shifts at the top – trends are starting to break out. While industrial metals were higher in October, precious metals were lower -- and they may have further to go, particularly with regard to gold bar prices.

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Gold bar prices interest rate correlation is breaking down, says Capital Economics

As markets began to price in a consistent re-pricing of interest rates amid the expectation for another Fed rate hike in what will be Chair Janet Yellen’s swan song –...