Demand for safe-haven assets and central bankers lowering real rates around the world are set to have a positive gold influence, according to strategists at TD Securities. Key quotes “The yellow metal is hovering north of $1550/oz support, as the rush of safe-haven buying reverses and pressures prices lower. We expect that the structural growth in investment demand for the yellow metal will keep prices from a prolonged pullback.” “The world is scarce of safe assets, but capital is seeking protection from negative real rates. Further, we expect central bankers to continue suppressing real rates across the globe, which should keep this theme prevalent” “In the near-term, we could expect some liquidations from the record stockpile of ETF holdings and extended positioning, but we reiterate that dry-powder analysis suggests that the risk of a rush-to-the-exits is limited given position sizes per trader are not extreme.” 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 US: Trade deficit widens in December as imports rebound – Wells Fargo FX Street 2 years Demand for safe-haven assets and central bankers lowering real rates around the world are set to have a positive gold influence, according to strategists at TD Securities. Key quotes “The yellow metal is hovering north of $1550/oz support, as the rush of safe-haven buying reverses and pressures prices lower. We expect that the structural growth in investment demand for the yellow metal will keep prices from a prolonged pullback.” “The world is scarce of safe assets, but capital is seeking protection from negative real rates. Further, we expect central bankers to continue suppressing real rates across the globe, which should… 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.
