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Peter Spina: JPMorgan strategist sees continued downside risk for gold

Peter Spina: JPMorgan strategist sees continued downside risk for gold
JPMorgan strategist flags gold downside risk

Yuxuan Tang, head of rates and foreign-exchange strategy for Asia at JPMorgan Private Bank, said gold still faces downside risk after the latest sell-off, citing thin liquidity and the potential for interest rates to rise further.

Peter Spina, Peter Spina, reported Tang's assessment.

Spina has previously described silver as a strong buy at current prices while noting rising mining costs in recent coverage. In another report, he highlighted a nearly 4% gain in the Dow after the Gold window closed last year. These observations continue his focus on developments in precious metals and equity markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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