Asian Metals Market Update: Let's Talk Gold

By: Admin
38090

Let’s talk gold. The Federal Reserve meeting will be over today. Gold price has risen this quarter on the back of rising inflation and very high probability of sustained hyper-inflation. A weaker US dollar Index. Bond yield forming a long term top between March 2021 and May 2021 is also supporting gold price. Gold has got competition from crypto currencies as well. I believe that crypto currency price moves affect only short term trend of gold. In the long term gold is still a buy on dips. Gold if invested as a safe haven is not a bad investment at $1762.

FULL WWW.GOLDSEEK.COM REPORT IN THE LINK BELOW

https://goldseek.com/article/asian-metals-market-update-lets-talk-gold