Gold Remains Supported by Temporary Factors
Despite being viewed as a big victim of Fed's tapering, gold price has so far outperformed other commodities with over +3% gains since the beginning of this year. The reemergence of stress in emerging markets has rekindled gold's safe-haven appeal these days. Weakness in the equity markets as well as decline in US real yields resulting from disappointing US data have also lifted the yellow metal.
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Gold Remains Supported by Temporary Factors

