StanChart: Gold May Average $1,820/oz In 3Q

StanChart: Gold May Average $1,820/oz In 3Q

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the dynamics of the gold market, focusing on its reaction to market pressures, Fed actions, and inflation concerns. It explores the breakdown of correlations with real yields and the impact on gold prices. The analysis includes key price levels and market expectations, comparing gold and silver markets, and their future outlook.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main reasons for the extreme pressure on gold prices?

Increased liquidity in the gold market

Stronger than expected nonfarm payrolls data

High demand for gold jewelry

Decrease in real yields

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the correlation between real yields and gold changed recently?

It has disappeared completely

It has become more positive

It has remained the same

It has become more negative

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key driver for gold in the longer term?

Public holidays

Real yields

Short-term market trends

The physical market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is gold not performing strongly as an inflation hedge currently?

Inflation is expected to be transitory

Gold is over-invested

There is high safe haven demand

The dollar is weakening

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key resistance level for gold to regain upward momentum?

1688

1800

1700

1765

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor is likely to support silver prices in the future?

Central bank buying

Industrial use in renewable energy

Increased jewelry demand

High speculative interest

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to be a turning point for gold prices?

Strong economic growth

High retail investor demand

Fed tapering and rate hikes

Increased silver supply