Gold poised for new records as buyers return to the fray
From msn.com
Investment demand and central-bank buying are expected to propel gold to new records, with the metal's retreat over the past two sessions already attracting bargain hunters, while silver will remain volatile, analysts said. Gold was heading for its biggest daily gain since 2008 on Tuesday, after a massive two-day sell-off triggered by President Donald Trump's appointment of Kevin Warsh as the next Federal Reserve Chair, a stronger dollar and profit-taking. "Inflation remains well above target, debt levels are rising, and investors continue to view precious metals as a way to diversify away from equities, bonds and ...
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