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Gold Still Looks Pricey Based On A ‘Fair Value’ Model

Summary The price of the world’s favorite precious metal remains near its upper range of the past three years, but for gold bulls this is disappointing.Using the 10-year inflation indexed Treasury (TIPS) as a proxy for the real yield with a measure of the US dollar suggests that the near-$2000-an-ounce price for gold is significantly […] The post Gold Still Looks Pricey Based On A ‘Fair Value’ Model appeared first on ForexTV... Read More
Posted: Jul 25 2023, 14:59
Author Name: forextv
Views: 102872

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