Can Gold Rebound From Here? GraniteShares CEO Weighs In

Even though gold bullion is attractively priced, the yellow metal is still facing many headwinds, said Will Rhind, CEO of GraniteShares.
“Gold clearly at this sort of price represents good value compared to the all-time high in gold that we saw a few years ago. Compared to equities, compared to bonds, compared to real estates, other asset classes, it certainly looks attractive here,” Rhind told Kitco News.
Rhind noted that the strong U.S. dollar has weighed down on consuming countries like China and India, which in turn have brought down demand for gold. (show less)

Even though gold bullion is attractively priced, the yellow metal is still facing many headwinds, said Will Rhind, CEO of GraniteShares.
“Gold clearly at this sort of price represents good value compared to the all-time high in gold that we saw a few years ago. Compared to equities, compared to bonds, compared to real estates, other asset classes, it certainly looks attractive here,” Rhind told Kitco News.
Rhind noted that the strong U.S. dollar has ... (read more)

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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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