Commentary: What is the price of gold telling us?
Servicii bancare
When real interest rates across all G7 economies are declining, gold benefits, says former UK Treasury minister Jim O'Neill. LONDON: I have held remarkably contradictory views about the staggering rise in gold prices this year, especially following the recent sharp reversal . On one hand, I would not be surprised if the dip turns out to be the beginning of the end of the rally. On the other hand, I sympathise with those holding the opposite view: The pullback is merely a brief correction to
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