Is gold’s bull-run over after 12 years of gains?

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Is gold’s extraordinary rally finally about to end as it limps towards the close of its twelfth year of gains?  (Reuters) Is gold’s extraordinary rally finally about to end as it limps towards the close of its twelfth year of gains? (Reuters)
SummaryIs gold’s extraordinary rally finally about to end as it limps towards the close of its twelfth year of gains?

of the rupee, which makes the metal more expensive for other currency holders.

But a return to gold at $1,900 an ounce and above is likely to require a stronger driver than those gold has so far seen.

“What is likely to push gold prices higher than the previous spike?” Sector Investment Managers’ Angelos Damaskos said. “It could be a major crisis in the euro zone; if in the new year we find the new restructuring package for Greece is not enough, and Greece requires a new bailout; if we find Spain requires other money; if there are other big issues in the euro zone.”

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