Gold is becoming the reserve asset of the new multipolar world – Sprott's Paul Wong

Gold has recently declined as a stronger U.S. dollar typically weighs on near-term performance. The strategist argues this FX headwind can still support gold’s longer-term investment case, implying a paradox between short-term pressure and medium-term attractiveness.

Analysis

Gold has recently declined as a stronger U.S. dollar typically weighs on near-term performance. The strategist argues this FX headwind can still support gold’s longer-term investment case, implying a paradox between short-term pressure and medium-term attractiveness.