U.S. Markets closed

Why BNP Paribas Sees Gold Dropping Below $1,200 in 2019

Annie Gilroy
Why BNP Paribas Sees Gold Dropping Below $1,200 in 2019

Bulls versus Bears on Wall Street: Time to Buy Gold in 2019? Unlike other banks, BNP Paribas has a negative bias for gold going into 2019. Harry Tchilinguirian, global head of commodity markets strategy at BNP Paribas, is negative on gold (SGOL)(GLD) and other precious metals (JNUG) in 2019 and prefers holding Treasuries (TLT) to gold and silver.