Friday’s rally in gold prices spilled into Monday as investors ditch stocks in favor of the safe-haven metal, but it’s unclear if the rally will continue. ‘A lot of analysts are calling for gold to hit 1,400, while others are saying it’s hard to call levels in this environment,’ said Daniela Cambone, editor-in-chief of Kitco News. If Brexit continues to distract stock markets, gold prices should continue to climb. Plus, the Brexit vote is also expected to delay another rate hike from the Federal Reserve. Low rates are typically a boon for gold prices. TheStreet’s Scott Gamm reports from Wall Street.
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