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The buck has been the dominant vehicle driver of gold for the in 2014, as well as it is not likely to strengthen for the foreseeable future, claimed Kevin Rich, professional to the Perth Mint.
Rich tells David Lin, anchor for Kitco Information, that unless the Federal Get raises interest rates, the buck will certainly continue to be weak.
0:00 – Gold vs. UNITED STATE dollar
2:10 – Geopolitics as well as gold
9:05 – Rising cost of living
10:53 – Buck index
12:33 – Stock markets
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What to expect for the dollar, inflation, and geopolitical risks – Kevin Rich
The dollar has been the dominant driver of gold for the last year, and it is unlikely to strengthen for the foreseeable future, said Kevin Rich, consultant to the Perth Mint.
Rich tells David Lin, anchor for Kitco News, that unless the Federal Reserve raises interest rates, the dollar will remain weak.
0:00 - Gold vs. U.S. dollar
2:10 - Geopolitics and gold
9:05 - Inflation
10:53 - Dollar index
12:33 - Stock markets
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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