Is gold's price momentum sustainable? What's needed next

By Kitco News / August 01, 2020 / www.kitco.com / Article Link

Aug 04, 2020 Guest(s): Steven Dunn Head of ETFs, Aberdeen Standard Investments

In order for gold prices to move much higher, substantially more stimulus would be needed from the Federal Reserve, according to Steve Dunn, head of ETFs of Aberdeen Standard Investments.
"Is a $1 trillion enough? I would suggest that the market has already priced in something along those lines. Would $3 trillion be different to the market? Yes, I would argue that that may provide. So I think what that market is trying to understand is, who knows a little more information than what I have," Dunn told Kitco News.

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