Gold's correction may be about over, says Deutsche Bank, noting the metal is off more than 30%...
Gold's correction may be about over, says Deutsche Bank, noting the metal is off more than 30% from its Sept. 2011 peak. This is significantly less than the declines from 1980-81, but interest rates then were 20% (with real rates rapidly rising as well). Tighter Fed policy ahead is still a headwind for gold, but could be priced in at this point. GLD +1% premarket.
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