"As US-China tension grows, so does demand for gold," Invesco says

The election of Donald Trump as US president in 2016 is still one of the factors affecting gold prices as so-called "geopolitical premium", argues Invesco's Global Head of Asset Allocation Research Paul Jackson.
Paul Jackson, Global Head of Asset Allocation Research at Invesco. | Photo: Daniel Frank Christensen
Paul Jackson, Global Head of Asset Allocation Research at Invesco. | Photo: Daniel Frank Christensen

Gold’s spot and futures prices opened the week by hitting records, with metal for immediate delivery closing in on USD 2,000 per ounce. Interest in gold is now particularly boosted by geopolitical concerns, low bond yields and fears of economic meltdown, says Invesco's Global Head of Asset Allocation Research Paul Jackson to AMWatch.

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