Ample liquidity and negative real rates continue to support the precious metals sector. The investment demand for all metals has been strong. Gold looks relatively attractive after its recent underperformance against silver. Any price setback presents a buying opportunity, strategists at ANZ Bank inform. Key quotes “An unexpected rise in real yields was the spark that ignited a sell-off in gold prices recently. This saw ETF flows turn negative in August for the first time since June. Ample money supplies, record ETF flows and the weaker US dollar are the factors supporting robust investment demand. Nevertheless, there has been muted speculative interest in gold futures.” “Silver has unexpectedly outperformed gold, with the gold:silver ratio falling to 71x this month. Resilient demand from the electronics and solar sectors, along with supply disruptions in Latin America, have supported gains.” “PGMs are getting investor attention, with rising net ETF inflows and coin sales. The auto sector is recovering – China being the first to see a growth in auto sales. Nevertheless, growth decelerated in recent weeks.” 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 NZD/USD Price Analysis: Climbs to over 1-week tops, approaching descending channel resistance FX Street 2 years Ample liquidity and negative real rates continue to support the precious metals sector. The investment demand for all metals has been strong. Gold looks relatively attractive after its recent underperformance against silver. Any price setback presents a buying opportunity, strategists at ANZ Bank inform. Key quotes “An unexpected rise in real yields was the spark that ignited a sell-off in gold prices recently. This saw ETF flows turn negative in August for the first time since June. Ample money supplies, record ETF flows and the weaker US dollar are the factors supporting robust investment demand. Nevertheless, there has been muted… 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.
