JP Morgan on gold, going higher but temporarily stalled

Author: Eamonn Sheridan | Category: News

From JPMorgan Chase cross-asset fundamental strategy analysts, this snippet on gold.

The background to their view on gold includes their expectations that the US Federal Reserve is likely on hold for rate hikes well into 2020
  • lower real rates are part of the Fed's strategy to run a hotter economy
  • we think gold's uptrend has stalled temporarily rather than ended for the cycle
The rock need all the help it can get today …

JPMorgan cross-asset fundamental strategy analysts analysis on gold.

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