Gold $5,000? Low Interest Rates Could Send Gold Prices Soaring

Gold Prices Could Soar If Fed Doesn’t Raise Rates
Both silver and gold prices rose substantially in Friday trading as news of the U.S. unemployment rate spread, prompting analysts to speculate further commodity rallies.

Date shows that September saw more than 142,000 jobs created versus the expected figure of 203,000. (Source: CBC, last accessed October 5, 2015.) The letdown fuelled speculations that the U.S. Federal Reserve would not be raising interest rates by the end of this year, as the

The post Gold $5,000? Low Interest Rates Could Send Gold Prices Soaring appeared first on Profit Confidential.

First published here: http://www.profitconfidential.com/gold/gold-5000-low-interest-rates-could-send-gold-prices-soaring/

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