Norman: Wrong to use US rate to judge gold as inflation hedge
Ross Norman of Sharps Pixley says since the gold market has fundamentally shifted to India and China, high inflation there will continue to drive demand.
Technical analyst Jack Chan has examined the charts and says the gold sector is on a new major buy signal, which could signal a new bull market, but he is patiently waiting for confirmation.
Fewer than 3,800 Grauer gorillas still live in the wild, down from 17,000 in 1998 due mainly to illegal mining for coltan and other minerals, a report shows.
The gold price advanced sharply during the first three months of 2016 (+16%), marking its best quarter in 30 years. However, it corrected from a high around $1,287 to $1,200 over the past few weeks.