Kitco.com – Gold price to recover most of its recent losses, says TD Securities
(Kitco News) After seeing the worst month in more than four years, gold can still recover most of its losses, according to TD Securities. Gold ended the first half of the year on a disappointing note, with prices trading well below the $1,800 an ounce level. August Comex gold futures were last at t $1,775.50, up 0.22% on the day. The hawkish Federal Reserve was to blame for a reversal of the bullish sentiment in gold built up through April and May. “Just as gold rebounded over $200/oz...
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