The price of gold continued to give back some of its recent gains Monday and slipped below the psychologically important $1,000 level to its lowest price in almost a week.
One analyst told CNBC that the setback in gold would only be temporary and the precious metal could hit $1,150 per troy ounce by the end of the year.
Gold Could Hit $1,150
Akhi Kamkolkar, head of futures at Halifax Investment Services told CNBC that his year-end target for gold is between $1,100 and $1,150.
Markets Remain Volatile
Andrew Freris, senior investment strategist for Asia at BNP Paribas Wealth Management, says markets remain volatile and he will overweight Asian equities when the time is right.
Markets May Correct in Fourth Quarter
Markets could surprise to the downside in the fourth quarter, cautions Paul Ramscar, director, wealth management at Financial Partners. He tells CNBC what could trigger this correction.
Where Next for the Yen & Australian Dollar?
Discussing where the yen and Aussie dollar are headed following their recent rise against the dollar, with Ray Attrill, global head of research at Forecast Australia.
Indian Rupee Seen Strengthening
The Indian rupee could strengthen against the dollar in the medium term, predicts Andrew Freris, senior investment strategist, Asia at BNP Paribas Wealth Mgmt. He tells CNBC why.
Will New IPOs Hurt the Chinese Market?
Discussing the reasons why the Chinese authorities decided to reopen the IPO pipeline and its impact on the market, with Andrew Freris, senior investment strategist, Asia at BNP Paribas Wealth Mgmt.
Assessing China's IPO Pipeline
Andrew Freris, senior investment strategist, Asia at BNP Paribas Wealth Mgmt outlines the three reasons why the recent IPOs in China were huge state-owned companies, and not private ones.
Appetite for IPOs in China
IPO demand in China is still relatively strong, notes John Tang, China strategist at UBS Investment Bank, after Metallurgical Corp of China surged as much as 35 percent in its Shanghai debut Monday.