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A healthy correction in gold is long overdue: Hansen
While gold has been one of the best market performers so far this year, Saxo's Ole Hansen says he is seeing some consolidation coming in. The January drivers including lowering of interest rate expectations in the United States and market volatility have faded over the past few weeks. But despite this, gold has continued to make new highs, says Hansen. Although there is now some consolidation, no major selling is coming into the market, he explains.
01:41 minutes
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