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File: Indicator in focus: Strategic Bias, gold

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06.07.15
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Gold does not benefit from the Greek crisis

Investors’ basic conviction for gold is fading. This is mirrored by the sentix Strategic Bias for the yellow metal which continues to fall although the Greek crisis and a favourable seasonal pattern should lend support. Rather do investors expect US yields to rise, though, and, at the same time, they lose their inflation fantasies. Both goes against higher gold prices.

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