Mitsubishi: What are the two possible supportive factors for gold?
“Investors may be overlooking some factors that potentially could underpin gold prices, said Mitsubishi. Gold has been held back by a strong dollar and expectations for more U.S. rate hikes, as well as a strong stock market that has reduced buying of gold as a hedge. However, two factors that could end up underpinning gold are political risks and rising inflation.”
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