Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years.
Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since the previous Friday.
According to it some analysts, gold's major breakout could be just the start of a long-awaited rally as investors adjust to shifting interest rate expectations. Gold saw most of its gains the previous week following...