Jefferies has turned increasingly bullish on gold, citing worsening fiscal conditions in the US and Japan, growing constraints on monetary policy and improving cash generation among gold-mining companies

Jefferies is bullish on gold due to US and Japan's fiscal strains, constrained monetary policy, and strong gold-mining fundamentals.

Jefferies has turned increasingly bullish on gold, citing worsening fiscal conditions in the US and Japan, growing constraints on monetary policy and improving cash generation…