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11:00
Aug 10
Aug 10
Gold rallies on weak dollar, debt fears
Gold benefits from falling real yields, a weakening US dollar, and declining confidence in US Treasuries. Central banks are diversifying reserves into gold instead of US debt, as US debt/GDP rises. At current prices, gold is buyable as a portfolio hedge, with gold mining ETFs providing additional leverage and dividends.
HIGH
About KRX Analyst Coverage
Buzzberg tracks KRX across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Past 7 days: 1 bullish. Latest voices: Song Jaekyung.