Will gold price continue ‘stellar performance’? It all depends on this, says Gary Wagner
Gold’s surge to $1,900 an ounce this past month was due largely in part to U.S. dollar weakness, which itself is a function of fiscal spending from the U.S. government as part of Biden’s infrastructure bills.
The question is, can dollar weakness continue?
0:00 - Dollar weakness
4:05 - Trading volume
6:20 - Gold vs. dollar
8:12 -Gold vs inflation
17:20 - Best metal for 2021