The precious metal- gold used to be the safe haven during global financial crisis broke 52 weeks low today, lowest went to $1045.85 per ounce, now rebound to $1056 after US Federal Reserve Chairwoman Janet Yellen hinted very high possibility of interest rate hike in the coming policy meeting between 15-16 Dec.
In fact, gold had reached the lowest level since February 2010. Where is this precious commodity heading?
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