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Gold price holds firm despite world tensions and grim outlook
Louis Rakeyser reviews gold's stubborn price amid Middle East tensions, oil rises, and mining disruptions. He cites John P. Dessauer, who predicts a drop below $400 with a bottom near $330, arguing commodity prices, not just gold, drive the trend and that a silver rebound may follow.
MENTIONED IN THIS ARTICLE
Middle East
Stark
United States
Persian Gulf
Iran
South Africa
U.S
Federal Reserve Board
John P. Dessauer
Dessauer
China
India