Aug 13, 2020 Guest(s): Rob Haworth Senior Investment Strategist, U.S. Bank Wealth Management
While macroeconomic risks linger, the environment is constructive for both gold and risk assets, said Rob Haworth, senior investment strategist, U.S. Bank Wealth Management.
"What we're seeing in recent times is real yields are finally starting to rise...which is pressuring gold as well, so it's been time for a correction and we're getting that now," Haworth told Kitco News. "I do think that gold prices in particular would be further supported by continued growth in the Fed balance sheet."