SHANGHAI -- Experts are predicting that gold prices will see a brief rally at the turn of the year, followed by more gloom for the metal, if the U.S. Federal Reserve lifts interest rates for the first time in nine years on Dec. 16.
But speakers at the 10th Annual China Gold Conference in Shanghai last week were divided over whether the precious metal has found its bottom, with some suggesting it could start posting a more sustained price rise.
