LONDON, Dec 4 (Reuters) - Global debt is set to reach $200 trillion, or 265% of the world’s annual economic output, by the end of the year, S&P Global has forecast - although it doesn’t expect a crisis any time soon.
"Upward momentum (in gold) is strong partly because of a
weakening dollar and prices have been technically oversold,"
said Margaret Yang, a strategist at DailyFX, adding that the
metal could find strong support at $1,800 and $1,750.