Gold price will not be at the mercy of the US dollar or Fedâs monetary policy in 2025- State Streetâs George Milling-Stanley – Kitco NEWS
In a bold forecast for the year 2025, George Milling-Stanley, the Chief Gold Strategist at State Street Global Advisors, shares his outlook on the relationship between gold price, the US dollar, and the Federal Reserveâs monetary policy. He suggests that the traditional dependency of gold price on these two factors will decouple by 2025.
Milling-Stanley opines that the long-held belief that an increase in interest rates is detrimental to gold prices is poised to crumble. This shift could be instrumental in the global gold market, and it might even invite a new wave of gold investments.
Reiterating his confidence in goldâs intrinsic value, he says, ‘I donât see gold as something thatâs at the mercy of the dollar or Fed policy.’
These declarations suggest a potential paradigm shift in the way the gold market operates, promising a fascinating future for all stakeholders. Read More
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