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Gold Price Caught Between Positive U.S. Story & Negative China Story
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Manage episode 367275864 series 3349630
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Are we in a trap between positive U.S. economic data and weaker China economic data? The gold price has fallen to the lowest level since March 2023. The Russian risk has de-escalated, but still remains. Will Rhind says that the U.S. Dollar price firming is not good for gold. Recessionary pressures, however, would help the commodity. Is gold a hedge against an ever-rising stock market today?
…
continue reading
4312 episoade
M4A•Pagina episodului
Manage episode 367275864 series 3349630
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Are we in a trap between positive U.S. economic data and weaker China economic data? The gold price has fallen to the lowest level since March 2023. The Russian risk has de-escalated, but still remains. Will Rhind says that the U.S. Dollar price firming is not good for gold. Recessionary pressures, however, would help the commodity. Is gold a hedge against an ever-rising stock market today?
…
continue reading
4312 episoade
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