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DGLD - The Reasons Why Gold Is Falling
January, 21 2021 03:41 PM
Credit Suisse AG
Interest for gold has been plunging in recent months amid rising optimism over the vaccine campaign combined with the reopening of the economy. A stronger USD and deflation risk could limit the upside gain on the precious metal in the short term. However, gold offers good protection against periods of rising uncertainty and market stress; it is defined as a "zero-beta" asset. As central banks are expected add another 5 trillion USD of liquidity in the coming two years, we expect gold to rise in the medium/long run. For further details see:
The Reasons Why Gold Is Falling
Stock Information
Company Name:
Credit Suisse AG
Stock Symbol:
DGLD
Market:
NASDAQ
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