Fiscal risks and stagflation fears will support gold prices even without Fed rate cuts – HSBC | Metals Mine

  • Fiscal risks and stagflation fears will support gold prices even without Fed rate cuts – HSBC

    From kitco.com

    While the recent conflict in the Middle East has increased gold’s short-term price volatility, the medium-to-long term outlook remains constructive as elevated geopolitical risk, rising fiscal deficits and continued central bank buying will support higher prices, according to Rodolphe Bohn, FX and Commodities Strategist at HSBC. Bohn noted that gold has had a volatile start to 2026, with prices falling from $5,415 per ounce in late January to $4,400 by March 26 as the conflict with Iran escalated. “During this risk-off phase, oil prices surged, the US dollar strengthened as the market’s preferred safe-haven ... (full story)

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