Gold’s appetite is set to continue once the yellow metal has made a thin come back this morning, TD Securities strategists informs. Key quotes “The yellow metal has bounced off $1550/oz support to trade slightly higher this morning, even as risk appetite continues to firm and equities reach record levels once again.” “The rush of safe-haven buying has likely reversed, with some further liquidations from the record stockpile of ETF holdings and extended positioning not off the table.” “We expect that the structural growth in investment demand for the yellow metal, along with continue suppression of real rates across the globe will keep the gold bug alive in 2020.” 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 Oil: Production cut to alleviate crude – TDS FX Street 2 years Gold’s appetite is set to continue once the yellow metal has made a thin come back this morning, TD Securities strategists informs. Key quotes “The yellow metal has bounced off $1550/oz support to trade slightly higher this morning, even as risk appetite continues to firm and equities reach record levels once again.” “The rush of safe-haven buying has likely reversed, with some further liquidations from the record stockpile of ETF holdings and extended positioning not off the table.” “We expect that the structural growth in investment demand for the yellow metal, along with continue suppression of real rates across the… 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.
