QuantInsights Gold remains undervalued as markets continue to price in a pivot in second half of 2023 - Quant Insights
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In an interview with Kitco News, Huw Roberts, head of analytics at Quant Insight, said that according to his company's research, the precious metal has entered a macro regime and has broken below its fair value levels. "You can't argue that throughout 2022 the Federal Reserve has been consistent that inflation has become their number one priority and the combat inflation they need to tighten financial conditions," he said.
Although the market currently believes in the Fed's aggressive stance on inflation, Roberts noted that a lot can happen in the next six months.
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