Gold 
Gold prices have been moving sideways, hovering around $3,350, since the second half of April. Much of the price action during this period was in the $3,290 to $3,410 range, with prices touching a record intraday high of $3,509.90 on 22 April and a record settlement price of $3,452 on 13 June.
Most asset prices break out in one direction or another following a period of consolidation similar to the one that has been observed in gold since late April. That breakout for gold, when it occurs, is expected by CPM Group to be to the upside.
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
