by Gerardo Del Real
Gold remains rangebound and has for the past two months.
The robust gains during the first quarter have many proclaiming a new gold bull market.
Gold futures settled last Friday at $1,252 — down 1.6% — for a second straight weekly loss, as there are growing expectations of an increase of U.S. interest rates.
Silver saw an even bigger loss — of 3.5% — its lowest in about a month, also on concerns about dollar strength due to a raise in rates.