Gold Driven to Record Highs by Geopolitical Risk, Says HSBC’s Steel
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مدعوم بالذكاء الاصطناعي 80% GROQ-LLAMA-3.1-8B-INSTANTHSBC's James Steel predicts gold to reach record highs due to increased geopolitical risk, with potential for frequent market pullbacks.
Market impact analysis based on bullish sentiment with 80% confidence.
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James Steel, chief precious metals analyst at HSBC, expects increased volatility and frequent pullbacks ahead for gold with new money coming into the market as he sees geopolitical risk as the main factor driving the metal to record highs. (Source: Bloomberg)
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HSBC's James Steel predicts gold to reach record highs due to increased geopolitical risk, with potential for frequent market pullbacks.
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Market impact analysis based on bullish sentiment with 80% confidence.
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