from Kitco NEWS
The gold market is seeing some resilience in the marketplace after prices have managed to bounce off Wednesday’s one-month low.
In an interview with Kitco News, George Gero, managing director at RBC Wealth Management, said that he is not surprised that gold is finding some sticky support as the precious metal is a safe-haven asset on many different fronts. He noted that gold is currently a hedge against geopolitical unrest, currency devaluation, a correction in equity markets and of course rising inflation.
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