You are here

Gold seen rebounding next year amid low real interest rates

BT_20161018_KYGOLD18TZGO_2551936.jpg
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

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom