Gold prices are little changed on Monday, suggesting the price has
stabilized in recent days, but RJO Futures Senior Commodities Broker
Phil Streible tells TheStreet's Joe Deaux that downside risk remains for
the yellow metal. While gold gained some $30 the first two trading days
of the year, the price could take a hit if upbeat economic data
continues to show the U.S. economy is improving. If the price dips back
near $1,200 an ounce, Streible says cheaper gold could encourage more
physical demand
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