Gold is currently “underpriced” says MKS Pamp, making now a very strategic moment to buy. Metal strategist Nicky Shiels says a range of factors have pinned gold prices back, explaining “The severe seasonal under-performance was due to 1) recession fears crimping demand & China lockdowns (white metals) and 2) fears of Fed hikes driving a stronger US$ & higher real US rates trumping inflation/war risk.”
We are already seeing gold start to gather momentum and high higher in the aftermath of the GDP data being released this week. Don’t miss your chance to buy at these very attractive price levels. Act now.