We’ve witnessed an extraordinary breakout with respect to the price of gold over recent months. The yellow metal broke out above its critical level of technical resistance during the month of June, rising above the high reached during July 2016 of $1380 per ounce. Importantly too, it has managed to remain well above that level.…

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Gold has retraced from its November high of $1,516, but it is still up more than 18% year-to-date. The important element to note here is that the price is still trading well above the $1,500 mark—a critical level that gives hope to bulls. Gold Price Neglects Equity Markets Strength Despite the new record highs of…

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Gold finishes at fresh six-year high Wednesday as Bridgewater’s Ray Dalio declared the commodity a good ‘portfolio diversifier’ Ray Dalio is jumping on the gold bandwagon. That’s ultimately the take-away of a nearly 7,000-word screed by the founder of Bridgewater Associates posted Wednesday on LinkedIn. The hedge-fund luminary muses on monetary policy and the markets over…

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By Stella Soon/CNBC Gold prices are set to “reach $2,000 by the end of the year,” predicts David Roche, president and global strategist at London-based Independent Strategy. Roche recommends investors hold gold in their portfolios, alongside some European fixed income and U.S. Treasurys. Gold prices can continue to climb even after they hit a multi-year…

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