Today’s top gold news and opinion

5/17/2024

Gold, silver and platinum’s red-hot rally still has further to go, strategists say (CNBC)
Precious metal prices got a major boost Wednesday after softer-than-expected U.S. inflation data heightened the near-term prospect of rate cuts from the Federal Reserve.

Is the “Costco Effect” the next GLD event? (LBMA)
The timing – heading into a tense US election year where people are fearful of inflation and growing economic uncertainty – is key.

Gold rally ends: How to handle gold going forward? (Julius Baer)
The narrative of central banks switching from US Treasuries to gold has been fuelling the recent gold price rally.

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