Why this could kick off a new bullish phase in gold price

Gold saw a surprising development this week - a run up in price as Joe Biden was being sworn in as president of the United States on Wednesday. But can this be a start of a new bull rally? Here’s what the analysts had to say about it.
The reason behind the positive price action this week is a lot of optimism that the Biden could pass additional stimulus measures quickly by making it a priority.

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