currency war | Cache Metals

currency war

Experts: Currency War May Prompt Gold to Rise

Monday, 11 Feb 2013 10:36 AM
By Michael Kling

A currency war could prompt gold prices to rise later this year, analysts predict.

Central banks around the world are pushing down the value of their currencies to increase exports and improve economies at home. The strategy might spark inflation and raise investors’ concerns, causing a surge of investors into gold.

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