Gold to trade significantly higher in medium term: UBP’s Kinsella

27 March 2020 | 3 minutes read

COVID-19 and the associated economic pain may be good news for gold. As central banks around the world prepare for major rounds of quantitative easing, gold prices could easily strengthen in the coming months, according to Peter Kinsella, global head of Forex strategy at UBP. Whenever the global economic outlook dampens, there usually is an increase in gold positions, Kinsella…

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