- Gold has recaptured its shine in recent months, but that doesn't change the cloudy outlook for the precious metal over the longer-term, warns Goldman Sachs, which sees prices falling to $1,000 in 12 months as the Fed normalizes monetary policy.
- The yellow metal has rallied almost 8% since mid-July reflecting a reduction in expectations for a U.S. rate hike in 2015, a spike in global equity market volatility and lower U.S. long-term real rates. It's currently trading at $1,168 an ounce.
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