Gold at ‘Rich Level’ to Struggle as Fed May Hike Three TimesBy
Luyet says three U.S. rate rises are likely by the end of 2017
‘The U.S. economy will remain relatively robust,’ says Luyet
Gold may have met its match after a stellar start to the year as a probable trio of rate hikes from the Federal Reserve through to the end of 2017 means there’s little room for it to rally further from near a two-year high, according to Pictet Wealth Management.
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