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.

Anna Golubova

Anna Golubova

Social Media Reporter

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.