Why $1,200 is important for gold
By GCRU Gold News on Saturday, June 20 2015, 00:38 - Permalink
Looking a bit further ahead, Holmes said the big surprise for the gold market this year could come from China.
“China is positioning itself to be the price maker for gold,” said Holmes. “The physical market has moved to Shanghai and to attract the banks, China has created a tax-free financial zone.”