MCX Commodity Weekly Technical and Fundamental Report
LONDON (Reuters) - More wild price swings will plague the gold market in coming weeks as bulls and bears grapple over direction, investors' faith in the metal starts to wobble above $1,800 an ounce and policymakers take desperate measures to stabilise economies.
Gold investors have been on a rollercoaster ride since the Swiss National Bank shocked markets last week with its decision to peg the franc to the euro and to buy unlimited amounts of foreign currencies to curb its appreciation.
LONDON (Reuters) - More wild price swings will plague the gold market in coming weeks as bulls and bears grapple over direction, investors' faith in the metal starts to wobble above $1,800 an ounce and policymakers take desperate measures to stabilise economies.
Gold investors have been on a rollercoaster ride since the Swiss National Bank shocked markets last week with its decision to peg the franc to the euro and to buy unlimited amounts of foreign currencies to curb its appreciation.
