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Can the Gold Rally Continue? - Real Time Insight

Gold had a terrible performance last year, after a 12-year bull run. However, it has regained some of its shine this year--up more than 9% year-to-date.

The precious metal surged 3.3% on Thursday, its best one-day performance in nine months, after the Fed reiterated that interest rates would stay at ultra-low levels for a long time.

Escalating geopolitical tensions and easing of import restrictions by India will also support gold prices . And while the Fed does not seem to be troubled by inflation as of now, there are clear signs that inflation has been picking up after remaining very low for more than two years.

Do you think gold can continue to shine this year?

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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