SUBSCRIBERS
Bottom in sight for gold?
Some banks expect it to hit US$1,300 in Q4, with the rise mostly after "the cathartic effect of the first (US) rate hike"
Published Tue, Mar 31, 2015 · 09:50 PM
Singapore
AMID the overhang of rising interest rates, optimism for gold is picking up.
Some now expect the bear market to end this year, with the price of the yellow metal seen rising and leaving behind two straight years of decline.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard
Gold trades in tight range as market focuses on US economic data
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish