Gold price skyrockets. Forecast as of 16.04.2024

One of the most well-known investment edicts is "Do not fight the Fed." In 2024, gold refrains from following this principle. The precious metal disregards US inflation and monetary policy, continuing to grow steadily. Let's discuss it and make a trading plan. Monthly fundamental forecast for gold In 2024, the intermarket analysis became inefficient. In the first quarter, investors wondered how the S&P 500 index, seen as a global risk appetite barometer, and a safe-haven asset like the US dollar, could rise simultaneously. In the second quarter, it was gold's turn. In the blink of an eye, the precious metal broke its... Read full author’s opinion and review in blog of #LiteFinance