Buying Gold When It's Down Is "Fun" - Morgans Kitco NEWS

Buying gold is more about market perception of price direction than the metal’s fundamentals, said Chris Brown, senior analyst at Morgans.

“I think [gold is] stuck in a trading range from about here up to $1,350 [an ounce]. I don’t think we’re going to see a breakout to the upside, I don’t think we’re going to see a collapse to the downside either,” Brown told Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference.

Brown noted that of all the metals, gold has seen the most volatility and investors should look into buying on the dip.

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Buying Gold When It's Down Is "Fun" - Morgans
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News & Politics	Upload TimePublished on 30 Jul 2018
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