Commodity Trade Mantra

Posts Tagged ‘Gold ETFs Rally’

Who Will Decide the Fate of Gold ETFs? The Fed or Donald Trump

Citigroup sees gold prices touching $1,400 levels ‘not seen since early 2013’, while the metal will likely slide to the $1,250 level if Clinton makes it to the White House. Citigroup believes that Trump’s protectionist ideas on external trade and immigration, if realized, suggest a US recession sooner rather than later. Investors to keep a watch on gold ETFs like GLD.

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