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Gold’s Haven Appeal Burnished by Drumbeat of Growth Warnings

  • Bullion may have another rally this year as stagflation looms
  • Global economic slowdown paves the way for flight to safety
Updated on

Gold may be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2,000 an ounce.

A potent mix of decades-high inflation, geopolitical turmoil and growing talk of recession should be bullish for the traditional haven, according to speakers interviewed ahead of a precious metals conference in Singapore this week.