(Mike Maharrey, Money Metals News Service) Gold is only down around 7 percent on the year and has remained one of the best-performing assets over the last 12 months. However, gold has fallen around 30 percent from its mid-January highs, and the bears seem to be in control for the short term.
Analysts at Metals Focus expect gold to remain range-bound in the near term but still see upside over a longer time horizon.
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