3 min read.Updated: 07 Jun 2022, 12:48 PM ISTBloomberg
Inflation, geopolitical turmoil and growing talk of recession could help support gold rates this year, say analysts
Listen to this article
Gold could be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2,000 an ounce. A potent mix of decades-high inflation, geopolitical turmoil and growing talk of recession should be bullish for the traditional haven, according to speakers interviewed ahead of a precious metals conference in Singapore this week.