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Will Rhind: Gold Price Takes a Hit, This Catalyst to Drive Next Leg

Will Rhind, CEO of GraniteShares, weighs in on gold’s pullback below US$4,000 per ounce, identifying what needs to happen for the price to rise.

“The trend I think in terms of the dollar cycle has to reverse,” he explained. “In other words, the dollar has to start getting weaker on a more structural basis as opposed to just on the short term.”

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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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