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Gold Remains In The Fed's Wake

by Ashwin Shyam, Strategist  

We expect a bullish gold environment in 2023, conditional on a more dovish Fed. We are hesitant to go strategically long gold, since our view hinges on one variable: US monetary policy. We remain tactically bullish gold to take advantage of the reduced pace of US rate hikes.

BCAリサーチ | Commodity & Energy Strategy

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