Can gold gain from rising macro uncertainty?

Can gold gain from rising macro uncertainty?

“The key question for gold in times of geopolitical crises is always whether economic and financial market risks are on the rise or whether they are receding. For the moment, the gold market is reflecting the latter even though it is constantly assessing the situation, which remains highly in flux and highly uncertain,” said Carsten Menke, Head Next Generation Research, Julius Baer.

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