In today’s Tip TV Mining segment, Charlie Gibson, Head of Mining at Edison Research explain the reasons for the rally in gold prices from the December low of $1122.87.
Markets not only expect interest rates to rise, but also a sharp rise in inflation and that is pushing gold higher, says Gibson. That essentially means real rates would remain low. Gibson also takes a look at the copper monthly chart .
What are the potential headwinds to the mining sector and miners? Watch the full segment for answers.