Gold Solidifying Amid Shaky Macro Outlook
Gold held on to its November gains, bouncing around the $1,800 per ounce level during December.
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Gold held on to its November gains, bouncing around the $1,800 per ounce level during December.
VanEck’s Ima Casanova joins Bloomberg to discuss the outlook for gold and the reasons why the asset class may be poised for a rebound in 2023.
The current low gold price is no exception, as buyers in China, India, and UAE sense a bargain. Read more.
The markets are more concerned with rising rates than they are about inflation. Read more.
Gold finds support in the $1,800 per ounce range as it enters a transitional stage. A disciplined approach by the gold mining sector may lead to future outperformance.