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US growth good for gold

There was good news for gold at the LME Metals seminar in London this week, with Sarah Hewin, chief economist at Standard Chartered acknowledging that the US is set for lacklustre growth in 2017, regardless of who takes up residence in the White House in January.

Daniel Gleeson
Sarah Hewin’s speech at the LME metals seminar would have gone down well with gold bugs

Sarah Hewin’s speech at the LME metals seminar would have gone down well with gold bugs

And, while there is a strong consensus building for a rate rise in December – around 75% of those in the know are forecasting an upwards revision – Hewin said the world’s leading economy would not be able...

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