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Could Market Risks Restore Investors’ Focus on Gold and Miners?

Annie Gilroy
Could Market Risks Restore Investors’ Focus on Gold and Miners?

As we’ve discussed in this series, market uncertainty is increasing. Looming earnings deceleration, trade policy uncertainty, and the Fed’s tightening have been major factors weighing on investors’ minds. For most of this year, gold (GLD) has not been a safe-haven asset, as the US dollar (UUP) (USDU) has continued strengthening and the Fed’s rate hike outlook has remained strong.