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Gold's 10% Rally Is Impressive But Needs To Last To Matter - USCF

From kitco.com

Gold has been on an impressive run lately but investors should remember although prices are up nearly 10% this month, trading at a six-year high, the metal’s momentum is relatively young. Despite gold’s recent performance, one fund is still relatively neutral on the precious metal as it looks for agricultural products to outperform within the commodity space. John Love, president of USCF, said he is optimistic on gold through the rest of the year as he holds some gold-backed exchange traded fund in his personal portfolio. “As these fears creep into the market on these growing trade tensions a fear asset like gold is ... (full story)

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  • Category: Fundamental Analysis