Buy Gold ‘Right Here and Now,’ Top Wealth Manager Says After Dip

From bnnbloomberg.ca

Now’s the time to buy gold, according to one of the world’s leading wealth managers, which flagged bullion’s prospects after the haven lost out to the dollar in recent weeks as the pandemic roils markets. “When I think about what would I buy in the right here and now, I would be buying gold,” Wayne Gordon, executive director for commodities and foreign exchange at UBS Group AG’s wealth-management unit, told Bloomberg TV. Prices would appreciate over three to six months, according to Gordon. Bullion is set for back-to-back weekly losses for the first time since September after the dollar hit a record, ... (full story)