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Lee Naisbitt Quotes
«The fall (in the gold price) was triggered by the dramatic drop in oil prices, prompting investors to rethink the safe-haven sparkle of gold.»
Author: Lee Naisbitt
«The currency is likely to be guided movements in commodity prices as there's no market moving data locally. The rand will be a touch softer if gold keeps losing ground.»
Author: Lee Naisbitt
«The gold price has taken quite a hit and it does not look like it wants to post any major recovery.»
Author: Lee Naisbitt
«Further gains from here may prove a little difficult as Japanese investors will be looking to take profit from the rally ahead of their year-end (today).»
Author: Lee Naisbitt
«Given the very strong correlation which exists between the trade-weighted rand and the commodity indices, it is extremely difficult to call for a weaker rand in the current environment.»
Author: Lee Naisbitt