Where the gold price heads next
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Description
In this episode Nick Frappell discusses why gold's recent drop is the market accepting rates will be 'high for longer', why the Aussie dollar will remain under pressure for the foreseeable future and where gold might head to next. PODCAST INFO: ABC Refinery website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.abcrefinery.com/podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠ Nick Frappell: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/nick_frappell⁠⁠⁠⁠⁠⁠⁠⁠⁠ Shae Russell: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/shaearussell⁠⁠⁠⁠⁠⁠⁠ OUTLINE: Here's the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (0:00) – Intro (0:38) – A correction from last week (2:03) – Gold's recent price moves (9:50) – Gold price targets (13:23) – Interest rate picture ahead (18:45) – Silver discussion (21:07) – Interest rate targets (23:33) – Aussie dollar discussion (28:20) - Chinese property sector weighing on the Aussie dollar (31:44) - Key takeaways
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