Conflicting Forces Drive Gold Price Action

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Conflicting Forces Drive Gold Price Action
GoldPrice ActionForecasts
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As gold prices reach record highs, experts are updating their forecasts for the precious metal while trying to determine its future direction.

Gold price action driven by conflicting cyclical and structural forces, traditional metrics aren’t working - Analysts

– Policymakers have averted “a global recession and a period of stagflation” and brought inflation down considerably, but unmanageable debt loads and growing trade disputes continue to threaten growth, according to IMF Managing Director Kristalina Georgieva.Gold investors don’t care about higher opportunity costs as they hedge against fiscal excess – Invesco’s Kristina Hooper

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Gold Price Action Forecasts Experts Record Highs

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