HomeMarketsU.S. Economy & JobsGeopolitics Added 3%-6% To Gold’s Performance In The Last Year

Geopolitics Added 3%-6% To Gold’s Performance In The Last Year

The market consensus points to a soft landing, and historically this scenario has been a less favorable environment for gold (/GC), notes Joe Cavatoni. He talks about how gold rises past the $2,000 level. He discusses how central banks have been a significant source of demand for gold, and how geopolitics added between 3%-6% to gold’s performance in the last year. He then assesses the strength in gold. Tune in to find out more about the stock market today.

Futures

14 Dec 2023

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