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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

Published Mon, Dec 21, 2015 · 09:50 PM
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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.

While traders couldn't decide on a direction for gold, Robin Bhar and Barnabas Gan, the most accurate forecaster…

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