Does gold tend to do well in uncertain economic and geopolitical times? George Milling-Stanley from State Street Global Advisors says that inflation is still running very hot and that even though risk assets are improving, they are not a place to invest in. Also, the markets are now starting to price in a rate cut as soon as June 2023 even though that is not what Jerome Powell said. When will the gold price reach new highs? Milling-Stanley believes that it will be sooner rather than later.
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