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AAAU - Watch For Gold's Currency Component To Strengthen
Goldman Sachs Physical Gold ETF
Gold and gold mining stocks suffered a setback in the first half of September, thanks in part to diminishing trade war fears. But while gold’s “fear factor” is on the wane, the yellow metal’s currency component is showing signs of strengthening. In today’s report we’ll examine the increased prospects for gold to continue its rising trend in Q4 due to a combination of a weaker dollar and a stronger demand outlook for commodities in general.
After a needed period of refreshment following last month’s sustained rally, gold has cooled off substantially and is no longer