A Downward Gold Price Correction Is Expected But Won't Last Long
Gold futures fell, caused by a stronger U.S. dollar and a sharp rise in bond yields, but it’s a temporary dip as the precious metal should remain in demand as a hedge against inflation, which is likely to rise under president-elect Donald Trump, Commerzbank said.
Gold futures fell, caused by a stronger U.S. dollar and a sharp rise in bond yields, but it’s a temporary dip as the precious metal should remain in demand as a hedge against inflation, which is likely to rise under president-elect Donald Trump, Commerzbank said.
