Mississauga, ON -- (SBWIRE) -- 06/09/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Gold Bullion Provides Update on Granada Gold Mine."
Companies mentioned in this article include Gold Bullion Development Corp. (TSX-Venture:GBB).
Article Excerpt:
Gold prices have rebounded sharply since the start of this year after posting losses for two years in a row. The negative sentiment on gold was due in part to the Federal Reserve's decision to wind down its quantitative easing program and later expectations of a rate hike from the Fed.
The Fed hiked benchmark interest rates for the first time in December 2015 but at the start of this year, volatility in global markets forced the Fed to turned dovish. The recently released jobs report for the month of May has potentially further delayed a rate hike from the Fed, which is a positive for gold.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/608/gold-bullion-provides-update-on-granada-gold-mine.htm
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