Gold's present loan consolidation duration is helping to get rid of some froth from the marketplace, allowing belief catch from the strong energy seen this past summer that press prices to $2,000 an ounce, according to one fund manager.
Although gold is caught in a trading range between $1,900 and $2,000, Ronald-Peter Stoeferle, handling partner of Incrementum as well as an author of the annual In Gold We Depend on record, said that it is just an issue of time before rates push greater.
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