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Gold ($US/oz)

Precious metals enjoyed a strong move overnight with gold rallying over $US30/oz taking its to fresh 2-month highs even as the market factors in rising interest rates, a definite example of a market rallying on theoretically bad news. With the $US struggling and bond yields have already popped to multi year highs MM is comfortable with our overweight exposure to precious metals.

MM remains bullish gold into 2022
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Gold ($US/oz)
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