In this episode of The Pod of Gold, Nicholas Frappell, Global Head of Institutional Markets at ABC Refinery, breaks down the factors driving gold's remarkable surge past US$2,600.
Recorded on Friday, 20th September 2024, Frappell discusses the Federal Reserve’s unexpected 50 basis point rate cut and its impact on the markets, along with the evolving monetary policies from Japan and how they influence global gold trends.
He provides a detailed analysis of gold’s technical outlook using the Ichimoku Cloud and Point and Figure charts, offering insights into where gold may be heading next.
Also touched on is China's economic slowdown and its implications for demand.
Tune in to hear expert perspectives on the short-term and long-term outlook for gold in these unprecedented times.
PODCAST INFO:
ABC Refinery website: https://www.abcrefinery.com/podcast
Nick Frappell: https://twitter.com/nick_frappell
Shae Russell: https://twitter.com/shaearussell
OUTLINE:
Here are the timestamps for the episode. On some podcast players, you should be able to click the timestamp to jump to that time.
Timestamps:
(0:00) – Introduction
(1:03) – Fed’s 50 basis point rate cut and its impact
(8:00) – Gold surpasses US$2,600: What’s next?
(11:10) – Is gold going higher?
(16:39) – China’s economic slowdown and its effect on gold
(22:35) – Japan's monetary policy outlook
(25:57) – Australian Dollar and RBA dynamics
(29:51) – Key takeaways and closing remarks
(31:55) – Continue sending in your questions
Tune in now for deep insights into gold, central banks, and the evolving global economy!