Macroeconomic Outlook and Gold

As everyone knows, the aftermath of the U.S. presidential election was a disastrous time for the yellow metal. However, gold rebounded at the beginning of 2017, gaining almost 6 percent in January and rising further in February, as one can see in the chart below. Chart 1: The price of gold over the last year (London P.M. Fix).

First published here: Macroeconomic Outlook and Gold

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