Treasure Chest | 11:27 AM
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts. Today's idea is gold.
By Danielle Ecuyer
FNArena's Treasure Chest reports on money making ideas from stockbrokers and other experts.
Whose Idea Is It?
ANZ Bank
The subject:
ANZ Bank suggests the gold price has started to disconnect from its historical relationship with US real yields and the US dollar.
Gold bullion has remained resilient against a typically more adverse backdrop.
Rising geo-political concerns including bigger fiscal deficits and strong central bank buying, notably from China, as well as record ETF flows have continued to support the price with investors buying weakness rather than selling.
The full story is for FNArena subscribers only. To read the full story plus enjoy a free two-week trial to our service SIGN UP HERE
If you already had your free trial, why not join as a paying subscriber? CLICK HERE