Gold: Only half way to the bottom?

The yellow metal has fallen out of favour with investors, but a bigger price drop may still be in store.

Summary: Gold was undoubtedly the place to be back in 2007 when investors clustered to the yellow metal as an insurance policy and its price soared. But times have changed, and with global economic conditions improving, interest rates set to rise and the US dollar strengthening, investors will quickly rethink their investment strategies.

Key take-out: The gold price could fall another 25% to less than $US1,000 an ounce as it loses its appeal as an asset of last resort in a world where interest rates are widely expected to rise.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles