Hopes of a vaccine catalyzed an aggressive bid in risk assets, but also led to a reversal of safe-haven flows which have kept the precious metals market afloat in recent weeks, per TD Securities. Key quotes “Aside from the immediate implications for speculative flows, a vaccine could mitigate the need for a prolonged period of unprecedented policy support, which poses a key risk for gold bugs.” “We continue to expect that amid extreme monetary inflation, capital will seek to shelter itself from a prolonged period of negative real rates following the pandemic.” “Downside momentum signals are deteriorating in the industrial-precious metals as their industrial component shifts from a headwind to a tailwind.” 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 USD/INR New York Price Forecast: Greenback stabilizing just below the 76.00 figure vs. Indian rupee FX Street 2 years Hopes of a vaccine catalyzed an aggressive bid in risk assets, but also led to a reversal of safe-haven flows which have kept the precious metals market afloat in recent weeks, per TD Securities. Key quotes “Aside from the immediate implications for speculative flows, a vaccine could mitigate the need for a prolonged period of unprecedented policy support, which poses a key risk for gold bugs.” “We continue to expect that amid extreme monetary inflation, capital will seek to shelter itself from a prolonged period of negative real rates following the pandemic.” “Downside momentum signals are deteriorating in the industrial-precious… 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.
