Private credit risks could trigger prolonged economic downturn, supports higher gold price - Unicus Research | Metals Mine

  • Private credit risks could trigger prolonged economic downturn, supports higher gold price - Unicus Research

    From kitco.com

    Don’t expect gold prices to fall anytime soon, as risks building in private credit markets threaten to spill over into the broader global economy and boost gold demand once again, according to one market analyst. In an interview with Kitco News, Laks Ganapathi, CEO of Unicus Research, said investors can turn to gold, commodities, and other hard assets to protect themselves from what she expects to be a slow, prolonged economic downturn as vulnerabilities in private markets continue to rise. She added that gold is providing new stability as confidence in credit markets weakens amid persistent inflation and rising ... (full story)

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