(Kitco News) – Gold prices are getting a big boost from ongoing geopolitical turmoil, and even at $4,600 per ounce, the yellow metal won’t qualify as extremely overbought from a technical perspective until it breaches $4,770 per ounce, according to the World Gold Council (WGC).In their latest Weekly Markets Monitor, WGC analysts noted that after a challenging start to the year, gold prices are right back on their uptrend.
