Gold: De-escalation seen lifting prices into year-end – Commerzbank

Commerzbank analyst Norman Liebke notes that Gold and Silver have dropped as renewed US strikes in the Gulf reinforced the inverse link with Oil. Higher energy prices raise inflation and rate fears, weighing on non-yielding metals.

Gold: De-escalation seen lifting prices into year-end – Commerzbank
Commerzbank analyst Norman Liebke notes that Gold and Silver have dropped as renewed US strikes in the Gulf reinforced the inverse link with Oil. Higher energy prices raise inflation and rate fears, weighing on non-yielding metals.

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