PRECIOUS METALS

US/China 'cold war' will be massive gold driver, says Grummes

Gold will dip ahead of the Fed meeting on December 10/11, before rising again

Tom Hoskyns in Zurich
Florian Grummes of Midas Consulting addressing delegates at the Zurich Precious Metals Summit

Florian Grummes of Midas Consulting addressing delegates at the Zurich Precious Metals Summit

In his opening keynote speech, Florian Grummes, a technical gold analyst and co-founder of Midas Touch consulting, said the US and China were "already in a cold war, and that would be a massive driver...

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