WGC: 2016 a ‘roller-coaster year’ for gold

World Gold Council (WGC) market intelligence head Alistair Hewitt noted in its latest report published late-Monday; gold prices are likely to settle the year up almost 10% from the start of the year.

Key Quotes:

“Negative interest rates, a perception that monetary policy options had been exhausted and increasingly fractious politics contributed to exceptional market uncertainty,” 

“Heightened uncertainty will be an issue in Europe, which faces a busy political calendar with elections in the Netherlands, France and Germany, and, in the US, a new President will enter office. Investors will be watching these events closely.”