Gold rally set to melt

Gold took a beating last year, dropping nearly 30%. It’s recovered over a third of those losses, but Morgan Stanley analysts say you shouldn’t conclude the rally will last, reports Business Insider.

Read: Tech stocks suffer as investors seek safety

“Gold faces too many structural headwinds to realize significant price appreciation this year,” Morgan Stanley’s Joel Crane told BI.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.