Gold has shown some strength since hitting a four-year low of $1179 an ounce on June 28. Over the past month and a half since then, gold has rallied 15% to current levels around $1360. In a note to clients Thursday titled, "Gold and the Denver play: Gold Shrugs Off the Paulson Sale; Buy the Bounce," JPMorgan analysts John Bridges and Anant Inani point to a number of bullish factors for the shiny yellow metal: Gold shrugged off news today that Paulson & Co had cut its exchange listed gold exposur...
Gold has shown some strength since hitting a four-year low of $1179 an ounce on June 28. Over the past month and a half since then, gold has rallied 15% to current levels around $1360. In a note to clients Thursday titled, "Gold and the Denver play: Gold Shrugs Off the Paulson Sale; Buy the Bounce," JPMorgan analysts John Bridges and Anant Inani point to a number of bullish factors for the shiny yellow metal: Gold shrugged off news today that Paulson & Co had cut its exchange listed gold exposur...
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