- The gold market continues to keep its head above water as prices trade on either side of $2,000 an ounce, with one analyst saying that in a market with conflicting influences, the consolidation represents fair value for the precious metal.
Roberts said that QI modeling suggests these two drivers are fairly evenly balanced. He added that right now, investors have to wait to see if central banks are able to get inflation under control before they break the economy. Although QI doesn't provide predictive modeling and only monitors current market conditions, Roberts said that he personally expects the global economy to fall into a recession. However, he also noted that this is the most anticipated recession in recent history.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: