YLG Bullion International recommends investors accumulate gold amid ongoing price consolidation as gold traders believe prices will rise in the medium to long term, particularly after the Federal Reserve cuts interest rates in the second half of this year.
Gold prices will remain high throughout 2022 as investors seek refuge from spiralling global inflation, economic impacts from the fast-spreading Omicron variant, and geopolitical conflicts between the US and China, according to YLG Bullion International (YLG).