{"id":7747,"date":"2024-08-13T01:45:26","date_gmt":"2024-08-13T01:45:26","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/08\/13\/will-rhind-golds-silent-price-rise-now-driven-by-fear-what-comes-next\/"},"modified":"2024-08-13T01:45:26","modified_gmt":"2024-08-13T01:45:26","slug":"will-rhind-golds-silent-price-rise-now-driven-by-fear-what-comes-next","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/08\/13\/will-rhind-golds-silent-price-rise-now-driven-by-fear-what-comes-next\/","title":{"rendered":"Will Rhind: Gold\u2019s \u201cSilent\u201d Price Rise Now Driven by Fear, What Comes Next?"},"content":{"rendered":"<p><strong>Speaking ahead of the global market turmoil seen on August 5, Will Rhind, CEO of GraniteShares, weighed in on the health of the US economy, saying that \u2018jittery data\u2019 has started to spark fear for investors. <\/strong><\/p>\n<p>Coupled with rising tensions in the Middle East, that\u2019s creating a positive environment for gold. <\/p>\n<p>However, generalist investors for the most part still aren\u2019t noticing the yellow metal\u2019s performance.  <\/p>\n<p>\u2018I think gold has almost made all-time highs rather silently or secretly in the sense that \u2014 I don\u2019t really get the sense that investors are really being focused on it. So perhaps for some people learning that gold has outperformed certain major equity indexes year-to-date might be a big surprise,\u2019 Rhind explained during the interview. <\/p>\n<p>\u2018Now looking at the back half of this year, where economic data could potentially weaken further, we could potentially see rate cuts actually being a negative to markets rather than a positive in light of recessionary fears,\u2019 he added. \u2018(In that scenario), gold could actually have another strong six months of the year.\u2019 <\/p>\n<p>Watch the interview above for more of Rhind\u2019s thoughts on gold, as well as silver, platinum and palladium. <\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Speaking ahead of the global market turmoil seen on August 5, Will Rhind, CEO of GraniteShares, weighed in on the health of the US economy, saying that \u2018jittery data\u2019 has started to spark fear for investors. Coupled with rising tensions in the Middle East, that\u2019s creating a positive environment for gold. However, generalist investors for [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-7747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/7747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=7747"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/7747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/7748"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=7747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=7747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=7747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}