Don't count out gold just yet - RBC's George Gero

The gold market is seeing some resilience in the marketplace after prices have managed to bounce off Wednesday’s one-month low.
In an interview with Kitco News, George Gero, managing director at RBC Wealth Management, said that he is not surprised that gold is finding some sticky support as the precious metal is a safe-haven asset on many different fronts. He noted that gold is currently a hedge against geopolitical unrest, currency devaluation, a correction in equity markets and of course rising inflation. (show less)

The gold market is seeing some resilience in the marketplace after prices have managed to bounce off Wednesday’s one-month low.
In an interview with Kitco News, George Gero, managing director at RBC Wealth Management, said that he is not surprised that gold is finding some sticky support as the precious metal is a safe-haven asset on many different fronts. He noted that gold is currently a hedge against geopolitical unrest, currency devaluation, a correction in ... (read more)

Kitco NEWS

Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

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