BUT OF COURSE: Gold Analysts Bearish This Week — Most Bearish Since 2009

BUT OF COURSE: Gold Analysts Bearish This Week — Most Bearish Since 2009

from Gold Core:

Gold fell a further 0.7% today after last week it posted its biggest weekly drop since November – down 3%.

Gold traders and speculators have shifted their attention away from Ukraine, but palladium surged over $800/oz, its highest since August 2011 on concerns the standoff between major producer Russia and the West over Crimea could escalate.

NATO’s top military commander said overnight that Russia had built up a “very sizeable” force on its border with Ukraine and Moscow, and may have Moldova in its sights after annexing Crimea.

Read More @ GoldCore.com

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