Deutsche Bank: Gold Prices May Have Peaked
Despite hitting fresh highs, a top investment bank predicts the gold rally may have peaked, driven by political crises, government debt fears, and trade tensions.
Deutsche Bank said that while it was not predicting
"an impending correction", the length and intensity of the yellow metal’s! upturn has made a
"period of more neutral behaviour"more likely.
Investors are shifting towards gold, amid concerns over trade tensions and government debt.
Author's summary: Deutsche Bank predicts gold rally peak.