Metal Prices Fall as Gold Looks Overbought, Copper Experiences Profit Taking
Gold futures fell 1.5% and MUFG’s year-end forecast of $2,350 an ounce now looks modest, but a correction downwards is expected with the metal now in overbought territory.
Gold futures fell 1.5% and MUFG’s year-end forecast of $2,350 an ounce now looks modest, but a correction downwards is expected with the metal now in overbought territory.