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Why gold still has a shot to reach a record high this year

Por: MarketWatch Business May 28, 2023

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The market uncertainty brought about by the wrangling in Congress over raising the U.S. debt ceiling, mentions of a potential technical default as soon as June 1, and even a downgrade by Fitch, “while clearly gold positive, failed to become a true catalyst for gold prices from these levels,” said Imaru Casanova, portfolio manager, gold and precious metals, at VanEck. “The market expects a deal to be reached” on the debt ceiling. Read:... + full article



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