Action Forex · 1 min read

Investment Banks and China Are Betting on Gold

Investment Banks and China Are Betting on Gold

Geopolitics have boosted demand for physical and futures markets for gold. The US dollar is under pressure from diverging monetary policies. The US dollar has been falling for four of the last five consecutive days. Investors expect the ECB to tighten monetary policy at its next meeting, with signals from Christine Lagarde that the cycle […] The post Investment Banks and China Are Betting on Gold appeared first on ActionForex.

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