Gold is expected to see most of its gains in the first half of this year, Standard Chartered Precious Metals Analyst, Suki Cooper, said in her latest client note. Key Quotes (via Kitco.com) “We maintain a positive view on gold; expect prices to retest USD 2,000/oz threshold and reach new highs.” “We believe the bulk of gold gains are likely to materialize in the first half of the year.” “Investors will continue to allocate into gold, given the likelihood of a weakening USD, real yields remaining negative, accommodative monetary policy, further fiscal stimulus, and rising inflation expectations.” “Gold is caught between conflicting macro drivers amid a weak physical market.” “A key question in 2021 is just how ‘sticky’ the metal held across ETPs is and whether holdings have peaked. Flows initially turned positive in January, and ballooning government debt and concerns around inflation are likely to prompt both tactical and strategic investors to look for buying opportunities.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC to avoid excess liquidity injection – MNI FX Street 2 years Gold is expected to see most of its gains in the first half of this year, Standard Chartered Precious Metals Analyst, Suki Cooper, said in her latest client note. Key Quotes (via Kitco.com) "We maintain a positive view on gold; expect prices to retest USD 2,000/oz threshold and reach new highs.” "We believe the bulk of gold gains are likely to materialize in the first half of the year." "Investors will continue to allocate into gold, given the likelihood of a weakening USD, real yields remaining negative, accommodative monetary policy, further fiscal stimulus, and rising inflation expectations.” "Gold is caught… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
