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Four factors to decide if gold can sustain its rally

Just when the vaccine rollout and economic optimism left gold looking like last year’s metal, it staged a recovery.
Bullion is one of the best performing commodities this month, erasing almost all of this year’s losses.
Investors have been lured back by gold’s appeal as an inflation hedge, while the US Federal Reserve maintains its monetary stimulus and has said price pressures should prove temporary.
Spot gold rose 0.4 percent on Friday, capping a fourth straight weekly gain.
Gold for August delivery on Friday rose US$6.80 to US$1,905.30 an ounce, up 1.5 percent for the week.
Gold is ultimately a haven asset that ....

Marcus Garvey , Ole Hansen , Robert Jan Van , Saxo Bank , Macquarie Group Ltd , Group Ltd , Jan Van Der Mark , The Taipei Times , மார்கஸ் கார்வே , ஓல் ஹேன்சன் , ராபர்ட் ஜான் வேன் , மக்வரீ குழு லிமிடெட் , குழு லிமிடெட் , தி தைப்பே முறை ,

Is Gold Set to Tear Even Higher? Four Key Charts to Watch

(Bloomberg) Just when the vaccine rollout and economic optimism left gold looking like last year’s metal, it staged a recovery.Bullion is one of the best-performing commodities this month, erasing almost all of this year’s losses. Investors have been lured back by gold’s appeal as an inflation hedge, while the Federal Reserves maintains its monetary stimulus and says price pressures should prove temporary.Diego Parrilla, who runs the Quadriga Igneo fund, is among those who recently boosted their exposure to gold, saying that central banks won’t risk increasing interest rates to combat inflation for fear of “pricking the enormous bubbles” they’ve created.“We have entered a new paradigm that will be dominated by deeply negative real interest rates, high inflation, and low nominal rates an extremely supportive environment for gold,” said Parrilla, who manages $350 million.Still, gold is ultimately a haven asset which conve ....

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