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Currency debasement will drive gold price higher
The gold market continues to consolidate below $3,400 an ounce as geopolitical tensions in the Middle East remain contained within the region. While risk events are creating some volatility in the gold market, one portfolio manager said that investors should remain focused on the broader global economic picture. In an interview with Kitco News, Richard Laterman, Portfolio Manager at ReSolve Asset Management, said that gold remains in a solid uptrend as it continues to be an important monetary asset and a hedge against the devaluation of global currencies. The Canadian firm manages more than $300 million in assets. ... (full story)
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- Jun 18, 2025 5:48am Posted byFundamental Analysis342
