Assessing the Dynamics of Gold: ABN Amro's Georgette Boele

The video discusses the complexities of gold pricing in the context of trade tensions and market dynamics. It highlights that gold's reaction to market changes is not straightforward, influenced by factors such as trade uncertainty, physical demand from China, and interest rates. Gold is positioned as both a risk-on and safe haven asset, with its dynamics being more complex than simple risk-on/risk-off scenarios.

What is the target price for gold in the short to medium term according to the video?

• 1500

• 1700

• 1800

• 1600

How does gold's reaction to trade tensions differ from that of the yen?

• Gold reacts more strongly than the yen.

• Gold reacts differently, indicating more complex dynamics.

• Gold reacts in the same way as the yen.

• Gold does not react at all, unlike the yen.

What is one reason investors are buying gold despite trade uncertainties?

• Gold is less volatile than other assets.

• Gold has zero interest, unlike other assets with negative interest.

• Gold is a traditional safe haven.

• Gold offers high interest rates.

What impact does trade uncertainty have on physical gold demand from China?

• It stabilizes demand.

• It has no impact on demand.

• It increases demand.

• It decreases demand.

How is gold's role changing in the context of risk-on and safe-haven assets?

• Gold is becoming more of a risk-on play.

• Gold is becoming less relevant.

• Gold is losing its appeal to investors.

• Gold is strictly a safe-haven asset.