Gold’s sideways path is unlikely to straighten up anytime soon
Despite demand from India and China slowing down, Trump’s volatility means gold shouldn’t be written off just yet
05 November 2019 - 12:35
Launceston — Gold’s impressive rally from May to the start of September has since stalled, even though the drivers of geopolitical tensions and positive investor sentiment remain in place.
What has gone missing is physical demand from the world’s two biggest buyers, China and India, and it’s likely that gold will battle to mount a renewed rally until this source of support returns...
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