Gold Prices May Have Peaked
Despite hitting fresh highs, Deutsche Bank predicts the gold rally may have peaked, driven by political crises, government debt fears, and trade tensions.
Investors are shifting towards gold, fueled by Donald Trump's threat to upend trade with China.
The record gold rally of the past few months "may have peaked in trendiness",
Deutsche Bank said that while it was not predicting "an impending correction", the length and intensity of the yellow metal's upturn has made a "period of more neutral behaviour" more likely.
Author's summary: Gold prices may have peaked according to Deutsche Bank.
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