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Gold's wild ride leaves best forecasters siding with fund bears
Investors see no reason to stay in bullion with little inflation, end of US stimulus
Add BT as a preferred sourcePublished Mon, Dec 21, 2015 · 09:50 PM
New York
JANET Yellen sent gold prices on a roller-coaster ride. Now, hedge funds and the metal's best forecasters are predicting there's only one way prices are heading next: down.
The Federal Reserve chief last week raised US interest rates for the first time in almost a decade, sending bullion prices swinging and driving the metal's 30-day volatility to a six-week high.
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