The gold price is 12% undervalued as it faces monetary policy headwinds – WisdomTree
Neils Christensen Tuesday August 31, 2021 15:13 (Kitco News) – The gold market has been a frustrating trade for many investors as the precious metal struggles to find some bullish momentum even as real interest rates remain well entrenched in negative territory. In an interview with Kitco News, Nitesh Shah, director of research at WisdomTree, said that looking at the U.S. dollar, interest rates, and inflation, gold prices should be trading around $2,000 an ounce. However, the...
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