Gold's Wild Ride: Why Investors Are Misreading It
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Morgan Stanleys Amy Gower explains why golds recent dip amid geopolitical tensions is not a sign of its safe-haven status fading. Instead, its due to a macro reset: soaring oil prices, inflation fears, and rate hike expectations. Despite short-term volatility, Wall Street remains bullish on gold, with price targets ranging from $5,400 to $6,300. Central banks demand and real asset hunger support the long-term bull case.
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