UBP: Gold prices should remain above US$1,300 support level

14 September 2017 | 2 minutes read

Following a strong rally, gold prices are expected to remain above the US$1,300 support level, underpinned by the impact of geopolitical events and natural disasters, as well as a potentially weaker US dollar, according to UBP. “The devastating impact of hurricanes Harvey and Irma will probably have annihilated any chance of a US rate hike this year,” the bank said…

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