Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
LONDON Gold prices rallied to record highs above $1 600 an ounce in Europe on Monday as investors spooked by the euro zone debt crisis and the threat of a US default bought into the metal as a haven from risk. Spot gold rose as high as $1 601.80 an ounce