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afkinsider - 2 month ago

Credit Suisse Strategist: Equities And Reflation Driving Gold Prices Higher, Not A Great Hedge Right Now

Gold is moving higher because of rising inflation expectations and has become just another reflation trade very similar to equities, according to Mandy Xu, Credit Suisse chief equity derivatives strategist and a director in the global markets division in New York. Xu discussed the shift in correlation between gold and equities during a video interview [ ] The post Credit Suisse Strategist: Equities And Reflation Driving Gold Prices Higher, Not A Great Hedge Right Now appeared first on Moguldom.


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