Mon, 28 Jul 2014 08:32:11 GMT
As Gold prices continue falling bullish bets increase
Gold net-long positions
increased by 3.1% last week as hedge funds are eyeing a rally.
Nonetheless, towards the end of the week prices fell due to a 19%
lower demand from China and a positive outlook for the US economy,
which overshadowed distress in Ukraine. The price of gold is expected
to average over $1,300 during the year with inflation being a
possible risk.