iBank Focus: Bearishness in Gold Remains Despite Short-Term Bounce
gechaneleyuMarket participants have turned bearish on gold since Fed Chairman Ben Bernanke hinted reduction in QE purchases months ago. While the absence of such an announcement at the September FOMC meeting disappointed the market and sent gold higher, the rebound was limited.
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iBank Focus: Bearishness in Gold Remains Despite Short-Term Bounce
