
The article argues that cooling inflation and a “hot” economy both reduce the case for gold. It also notes the odds of Federal Reserve rate hikes are falling, which removes a typical support for gold as rates expectations change. Net: a cautious, slightly negative outlook for gold demand based on shifting macro drivers.
The article argues that cooling inflation and a “hot” economy both reduce the case for gold. It also notes the odds of Federal Reserve rate hikes are falling, which removes a typical support for gold as rates expectations change. Net: a cautious, slightly negative outlook for gold demand based on shifting macro drivers.
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mildly negative
Sentiment Score
-0.10