Two Charts That Every Gold Investor Needs to Keep an Eye On
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Will Dollar and Oil Shocks Fade?
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Gold got off to a great start this year, but it's been tumbling hard in recent days. It's now over 7 percent off its highs of the year. Now there's a major debate about what's next for this precious metal.
"The way we think about it is, gold looks to be 20 to 25 percent overvalued," Deutsche Bank AG Chief Global Strategist Binky Chadha said in an interview with Bloomberg TV on Tuesday. Conversely, Barnabas Gan, an economist at Oversea-Chinese Banking Corp says upcoming political risks will help gold regain that lost ground.