Gold Market in Q1 and the Outlook for 2017

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Gold performed really well in the first quarter of 2017. As the chart below shows, the rally started at the end of December 2016. The yellow metal bottomed at $1,125.7 on December 20, just a few days after the FOMC meeting and the second interest rate hike for almost a decade. Since then, the shiny metal gained about 11 percent.

First published here: Gold Market in Q1 and the Outlook for 2017

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