Gold is still ‘relatively cheap’ and could surge back toward its all-time high, strategist says

CNBC2021-05-20

KEY POINTS The spot gold price hit an all-time high of $2,063 per troy ounce in August last year but now stands at $1,877, according to Refinitiv data. “Gold is relatively cheap so when you’re trying...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

PengsieX
2021-05-21
PengsieX
I don't know how the word "cheap" can be used in the current economic climate
Wallstrtbets
2021-05-21
Wallstrtbets
Noted.
MumJ
2021-05-21
MumJ
Please like and comment.. thank u
- MumJ:
  thanks!
- Otahman:
  Done reply me
Eded
2021-05-21
Eded
Only if cryto and stocks continue to fall ... please like and comment
- PowerUP:
  best to do nothing now until jun
Cw_88
2021-05-21
Cw_88
Time to get rich
- AhGong:
  commented
- onlyYou:
  [Smile]
- Cw_88回复onlyYou:
  😃
Werkohderkoh
2021-05-21
Werkohderkoh
👌👍

发表看法

166

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1116892184?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-05-20 23:21","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1116892184","market":"us","top_or_hot":-1,"title":"Gold is still ‘relatively cheap’ and could surge back toward its all-time high, strategist says","media":"CNBC","content":"<div>\n<p>KEY POINTS\n\nThe spot gold price hit an all-time high of $2,063 per troy ounce in August last year but now stands at $1,877, according to Refinitiv data.\n“Gold is relatively cheap so when you’re trying...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/20/gold-is-still-relatively-cheap-and-could-surge-strategist-says.html\">网页链接</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold is still ‘relatively cheap’ and could surge back toward its all-time high, strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold is still ‘relatively cheap’ and could surge back toward its all-time high, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/20/gold-is-still-relatively-cheap-and-could-surge-strategist-says.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe spot gold price hit an all-time high of $2,063 per troy ounce in August last year but now stands at $1,877, according to Refinitiv data.\n“Gold is relatively cheap so when you’re trying...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/20/gold-is-still-relatively-cheap-and-could-surge-strategist-says.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.cnbc.com/2021/05/20/gold-is-still-relatively-cheap-and-could-surge-strategist-says.html","article_id":"1116892184","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/05/20/gold-is-still-relatively-cheap-and-could-surge-strategist-says.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1116892184","pubTimestamp":1621524093,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nThe spot gold price hit an all-time high of $2,063 per troy ounce in August last year bu","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"策略师说，金价仍“相对便宜”，可能冲回历史高点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"GCmain":0.9,"GOLDmain":0.9},"content_text":"KEY POINTS\n\nThe spot gold price hit an all-time high of $2,063 per troy ounce in August last year but now stands at $1,877, according to Refinitiv data.\n“Gold is relatively cheap so when you’re trying to think about that positioning, gold is definitely one that still has catch-up potential,” Richard Kelly told CNBC.\n\nOne strategist believes gold is still a “relatively cheap” investment opportunity and argued that even if the price soon topped $1,900, it could still rise further.\nRichard Kelly, head of global strategy at TD Securities, told CNBC’s “Street Signs Europe” Thursday that “gold had a phenomenal run up over the course of last year, and when that reversed I think it scared a few investors off.”\nThe spot gold price hit an all-time high of $2,063 per troy ounce in August last year but now stands at $1,877, according to Refinitiv data.\nThe gold price ebbed lower in the first few months of this year. This came amid sharply rising U.S. Treasury yields as traders started to bet that inflation would cause the Federal Reserve to hike interests rates and taper its accommodative monetary policy. Gold is traditionally seen as a hedge against inflation but any attempts by central banks to rein in inflation is usually bad for bullion.\nKelly also noted gold’s relation to the U.S. dollar. As gold is typically priced in dollars, then any fall in the greenback would usually lead to a rise in the price of gold.\nAnd Kelly believes that the dollar, and even other major currencies like the euro, were now looking “rich” on a relative basis, suggesting a possible dip against the price of gold.\n“Gold is relatively cheap so when you’re trying to think about that positioning, gold is definitely one that still has catch-up potential,” Kelly told CNBC.\nKelly added that even if gold were to reach $1,900, “or even above, that’s still an area that does have scope given what we’re seeing with policy rates, given what we’re seeing with inflation dynamics and just overall under-positioning in that side of things, that’s certainly a catch-up trade that can have more legs.”\nIn a note to clients this week, JPMorgan said institutional investors were ditching bitcoin in favor of gold. The cryptocurrency had started to gain a reputation as a kind of “digital gold,”offering protection from inflation.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":130527471,"gmtCreate":1621558023893,"gmtModify":1634188153886,"author":{"id":"3578047933589423","authorId":"3578047933589423","name":"PengsieX","avatar":"https://static.tigerbbs.com/ebe92821eba3b91a6431d698b66bbed5","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3578047933589423","authorIdStr":"3578047933589423"},"htmlText":"I don't know how the word \"cheap\" can be used in the current economic climate","listText":"I don't know how the word \"cheap\" can be used in the current economic climate","text":"I don't know how the word \"cheap\" can be used in the current economic climate","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130527471","repostId":1116892184,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":130504985,"gmtCreate":1621555437747,"gmtModify":1634188205576,"author":{"id":"3566244878628904","authorId":"3566244878628904","name":"Wallstrtbets","avatar":"https://static.tigerbbs.com/6c38bbee1121ea92508ad9508fa15c5e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566244878628904","authorIdStr":"3566244878628904"},"htmlText":"Noted.","listText":"Noted.","text":"Noted.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130504985","repostId":1116892184,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":130243046,"gmtCreate":1621554171685,"gmtModify":1631892579676,"author":{"id":"3582080974533433","authorId":"3582080974533433","name":"MumJ","avatar":"https://static.tigerbbs.com/a24a11fee66832dcfc9036c2b7a805e9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582080974533433","authorIdStr":"3582080974533433"},"htmlText":"Please like and comment.. thank u","listText":"Please like and comment.. thank u","text":"Please like and comment.. thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/130243046","repostId":1116892184,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4411524,"gmtCreate":1621666592418,"gmtModify":1631892579693,"authorId":3582080974533433,"author":{"id":3582080974533433,"idStr":"3582080974533433","authorId":3582080974533433,"name":"MumJ","avatar":"https://static.tigerbbs.com/a24a11fee66832dcfc9036c2b7a805e9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130243046,"type":1,"supId":4399333,"prevId":0,"content":"thanks!","text":"thanks!","html":"thanks!"},{"id":4399333,"gmtCreate":1621570319783,"gmtModify":1631892579681,"authorId":3567482716620513,"author":{"id":3567482716620513,"idStr":"3567482716620513","authorId":3567482716620513,"name":"Otahman","avatar":"https://static.tigerbbs.com/dbd099972f177a5bb9c4f8a5666b4a77","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130243046,"type":1,"supId":0,"prevId":0,"content":"Done reply me","text":"Done reply me","html":"Done reply me"}],"langContent":"EN"},{"id":130257683,"gmtCreate":1621554051142,"gmtModify":1634188230727,"author":{"id":"3581980965309451","authorId":"3581980965309451","name":"Eded","avatar":"https://static.tigerbbs.com/41a629a3014601072ee8dc2d151d1796","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581980965309451","authorIdStr":"3581980965309451"},"htmlText":"Only if cryto and stocks continue to fall ... please like and comment&nbsp;","listText":"Only if cryto and stocks continue to fall ... please like and comment&nbsp;","text":"Only if cryto and stocks continue to fall ... please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/130257683","repostId":1116892184,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4411930,"gmtCreate":1621670716939,"gmtModify":1635402802698,"authorId":3565099806679305,"author":{"id":3565099806679305,"idStr":"3565099806679305","authorId":3565099806679305,"name":"PowerUP","avatar":"https://static.tigerbbs.com/54fe75f3f4a0958cbed1a78618066f64","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130257683,"type":1,"supId":0,"prevId":0,"content":"best to do nothing now until <u>jun</u>","text":"best to do nothing now until <u>jun</u>","html":"best to do nothing now until <u>jun</u>"}],"langContent":"EN"},{"id":130256645,"gmtCreate":1621553916087,"gmtModify":1631885486711,"author":{"id":"3582802124387192","authorId":"3582802124387192","name":"Cw_88","avatar":"https://static.tigerbbs.com/73601b77e177185676fe499badeea2f7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582802124387192","authorIdStr":"3582802124387192"},"htmlText":"Time to get rich","listText":"Time to get rich","text":"Time to get rich","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/130256645","repostId":1116892184,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4395251,"gmtCreate":1621554143256,"gmtModify":1635404212800,"authorId":3581888768537623,"author":{"id":3581888768537623,"idStr":"3581888768537623","authorId":3581888768537623,"name":"AhGong","avatar":"https://static.tigerbbs.com/89c939d5ea654b2b9a3fb6ee4f5e99b4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130256645,"type":1,"supId":0,"prevId":0,"content":"commented","text":"commented","html":"commented"},{"id":4395267,"gmtCreate":1621554192078,"gmtModify":1635404211156,"authorId":3581973193946918,"author":{"id":3581973193946918,"idStr":"3581973193946918","authorId":3581973193946918,"name":"onlyYou","avatar":"https://static.tigerbbs.com/5e4eae815dc2df728668ba6fcdd72120","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130256645,"type":1,"supId":4395251,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"},{"id":4402928,"gmtCreate":1621600351460,"gmtModify":1635403550514,"authorId":3582802124387192,"author":{"id":3582802124387192,"idStr":"3582802124387192","authorId":3582802124387192,"name":"Cw_88","avatar":"https://static.tigerbbs.com/73601b77e177185676fe499badeea2f7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3581973193946918,"repliedAuthor":{"id":3581973193946918,"idStr":"3581973193946918","authorId":3581973193946918,"name":"onlyYou","avatar":"https://static.tigerbbs.com/5e4eae815dc2df728668ba6fcdd72120","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":130256645,"type":1,"supId":4395251,"prevId":4395267,"content":"😃","text":"😃","html":"😃"}],"langContent":"EN"},{"id":130258755,"gmtCreate":1621553884877,"gmtModify":1634188234763,"author":{"id":"3571138623117037","authorId":"3571138623117037","name":"Werkohderkoh","avatar":"https://static.tigerbbs.com/15f00b0aef0edf959d4cceebd1513729","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571138623117037","authorIdStr":"3571138623117037"},"htmlText":"👌👍","listText":"👌👍","text":"👌👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130258755","repostId":1116892184,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":166,"commentSize":49,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1116892184"}