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Gold prices could reach fresh 6-year highs thanks to a slew of positive drivers

From cnbc.com

{video} Gold is glistening. The precious metal has rallied 11% this year, with much of the move occurring in the last several months, as concerns around slowing global growth and U.S.-China trade tensions took hold among investors. It continued to tick up on Wednesday after President Donald Trump said he intended to nominate two dovish candidates to the Federal Reserve’s board of governors. And there’s still room for gold to run, even as far as its six-year highs, according to Suki Cooper, executive director of precious metals research at Standard Chartered Bank. “There are a number of macro factors that have turned ... (full story)

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  • Category: Fundamental Analysis