Kitco



"The gold market is seeing some significant selling pressure as it breaks below critical psychological support at $1,900 an ounce; however, one fund manager said that prices are still holding a healthy premium above fair value. In an interview with Kitco News, on the sidelines of the Denver Gold Forum, Charlie Morris, chief investment officer at ByteTree Asset Management, said that he currently sees gold's fair value around $1,600 an ounce. He explained that when gold prices were hovering around $1,900 an ounce, the market was trading with about a 15% premium. He added that valuations are in line with the fundamental factors driving the precious metal. There is still plenty of upside potential, he said."

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1 oz Canadian Gold Maple Leaf .9999 fine Gold Random Year 1 oz. RCM $50 Coin

