“You can see sharp downturns as well as upturns. But it does put in somewhat of a floor because central banks are in there buying,” Kitco quoted him as saying.Last week's release of the December FOMC minutes suggests that the gold market will remain very focused on monetary policy this year. When it was revealed that some members of the Fed believe that monetary policies should be reeled in during 2013, the yellow metal plummeted, with the downside effects flowing into this week.
Gold Bullishness Toned Down In 2013?
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