by Sasha Cekerevac, Investment Contrarians:
As everyone knows, gold bullion has had a significant sell-off over the past few months. Institutional investor sentiment has shifted dramatically, as funds have booked profits on their gold bullion investments.
However, it appears that there is still some life in gold bullion, because continued strong investor sentiment in the retail sector, especially the physical market, has helped to increase demand and support the price.
Part of the reason for the sell-off in gold bullion was the better-than-expected economic data and comments by the Federal Reserve that it’s beginning to look at possibly reducing its quantitative easing program if the economy improves.
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