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Gold Becomes a Favorite Trading Vehicle Amid Volatile March

August 19, 2023
in Trade Tube
Reading Time: 1 min read
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Gold prices are little changed Tuesday as the market prices in the latest developments in Crimea and the Federal Reserve. GMG Defensive Beta Fund co-portfolio manager Oliver Pursche tells TheStreet’s Joe Deaux that it’s hard to determine if the Fed could become even more hawkish. Pursche says gold has become a favorite trading vehicle, and he cautions investors looking for a short-term profit. Pursche says opportunity may sit with trading the precious metals complex, including platinum.

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