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Gold seen rebounding next year amid low real interest rates

Tuesday, October 18, 2016 - 05:50
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According to Bart Melek, Toronto-Dominion Bank's head of commodity research, gold prices are likely to go as high as US$1,350 an ounce some time next year.

Singapore

WE'VE not seen the last of the rally in gold, according to Toronto-Dominion Bank.

Prices are likely to go as high as US$1,350 an ounce some time next year, after dipping below US$1,200 as the Federal Reserve raises interest rates, likely in December, according to Bart