Gold price outlook positive, despite rebound in US service sector, expert says
Gold price is not likely to lose its sheen in the near term amid a rebound in US service sector and indications of a revival in China`s economy, Senior Technical Analyst Anuj Gupta said. Exuding confidence over the yellow metal, the technical analyst said that gold will continue to trade positively
Rrecent report by IMF is an indicator of how things will be, till the year 2021. The outlook for the financial year 2020-21 and 2021-22 have already been lowered, he said. Source:Reuters