Deutsche Bank: Gold Prices May Have Peaked

The record gold rally of the past few months “may have peaked in trendiness”, a top investment bank has predicted despite the precious metal hitting fresh highs on Monday fuelled by Donald Trump’s threat last week to upend trade with China. Deutsche Bank said that while it was not predicting “an impending correction”, the length and intensity of the yellow metal’s upturn has made a “period of more neutral behaviour” more likely. “The gold rally of September-October may have peaked in trendiness,”…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com