Gold may benefit from ‘powerful tailwind’ when Fed pivots to rate cuts, says Wells Fargo
Gold has room to rise after reaching record highs this year, as a “shifting interest-rate landscape could be a particularly powerful tailwind,' according to Wells Fargo Investment Institute.
Christine Idzelis [Read more]
Gold has room to rise after reaching record highs this year, as a “shifting interest-rate landscape could be a particularly powerful tailwind,' according to Wells Fargo Investment Institute. The veteran investor's recipe: Find a good business with good management, buy the stock at a reasonable price and hold long-term. [Read more]