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TD Waterhouse Predicts That Gold Will Move Higher

TD Waterhouse research says the main drivers for gold's rise include an unexpectedly dovish Fed, a weaker U.S. dollar and rising political uncertainty.

Short term trends have been favorable to gold in May, with bullion currently near its one-month price peak. TD Waterhouse research says the main drivers include an unexpectedly dovish Fed, a weaker U.S. dollar and rising political uncertainty. “Given the current political circumstances and emerging uncertainty surrounding US rate hikes and broader monetary and fiscal … Read more