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Top bank issues blunt warning on gold prices
Gold prices are jumping again, but Saxo Bank analysts aren’t treating it as a clean breakout. According to Seeking Alpha reporting, Saxo Bank analysts note that we’re still seeing gold and silver pulled between safe-haven demand, the dollar, and the latest on the Iran War. Investors continue to bargain hunt, but they aren’t stampeding back into the trade either. That’s the tension at this point, where, after the king metal’s tremendous run, the setup has gotten a lot more complicated than before. That said, I covered a similar revamp at Morgan Stanley earlier this week, and the takeaway is effectively in ... (full story)
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- Apr 26, 2026 3:13pm Posted byFundamental Analysis265
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