Barclays analysts: Don’t get fooled by gold again

Published Date: 
Monday, January 13, 2014

Gold prices drifted a little lower on Monday, with no big signs of a followup so far after last week’s jobs-related surge. But analysts at Barclays say investors shouldn’t get fooled into believing any upturns for gold will stick and be prepared to sell into any rallies this year.

With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.

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