Gold to Continue to Rise Over Next 12 Months, Says Airguide’s Langford

Gold to Continue to Rise Over Next 12 Months, Says Airguide’s Langford

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Business

University

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The video discusses the recent trends in the gold market, highlighting a 6-year high due to factors like a dovish Fed, US dollar depreciation, and trade uncertainties. It contrasts gold with other commodities like iron ore and palladium, which have unique market drivers. The discussion shifts to the electric vehicle market, emphasizing China's focus on cobalt and lithium due to government support and fund management strategies. Finally, the video covers the oil market, suggesting a bearish outlook and strategies for reinvestment into other commodities.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between the US-China trade war and gold prices as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why are fund managers bullish on cobalt and lithium according to the insights provided?

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