GEOPOLITICAL TENSIONS COMPLICATE GOLD'S BULL CASE Middle East tensions are creating mixed signals for gold, according to American Hartford…
GEOPOLITICAL TENSIONS COMPLICATE GOLD'S BULL CASE
Middle East tensions are creating mixed signals for gold, according to American Hartford Gold president Max Baecker.
While geopolitical uncertainty supports safe-haven demand, rising energy prices could fuel inflation, strengthen the dollar, and pressure gold.
Central bank purchases have roughly doubled from pre-2022 levels, while China has increased its gold reserves for 23 consecutive months.
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