Precious Metals Gold’s blistering rally isn’t over, according to fund managers who see another leg-up for the precious metal.

摘要

Lower-for-longer interest rates, a weaker dollar and the US presidential election will provide multiple catalysts for gains, even as tentative trade peace breaks out between China and the US. Gold has surged by about a third since August 2018 and is up more than 2 per cent this year, hovering near the highest in almost seven years.The price increase, combined with capital discipline among the larger miners, is generating a bonanza of free cash flow while mergers could spark share gains among smaller players, according to five precious metals fund managers interviewed by Bloomberg.