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Gold Could Correct In Short Term But Hit $1,250 By Year End: Capital Econ

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Mark Melin
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Gold looks vulnerable to a short correction, a report from Capital Economics says, but the longer-term, year-end forecast is in place and the store of value could ultimately rise in value.

Capital Economics gold 2 22

Gold has three primary performance drivers

There are many factors driving the price of...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.