Goldman’s Currie Sees Path to $1,800 for Gold

The video discusses the reaffirmation of gold as a stable investment amidst market volatility, driven by factors like real rates and inflation expectations. It highlights the absence of central banks in gold buying, replaced by strong investment demand from developed markets. The video also covers the impact of COVID-19 on metals like copper and iron ore, emphasizing Chinese demand and supply disruptions.

What factor is likely to push gold prices higher according to the video?

• Lower real rates due to inflation break evens widening

• Increased consumer demand in Europe

• Decreased investment demand

• Higher nominal rates

Which market's consumer demand is highlighted as a negative factor for gold?

• Australian market

• Emerging market Asia

• European market

• North American market

What has replaced the strong demand from central banks in the gold market?

• Higher interest rates

• Increased mining activities

• Strong investment demand from developed market consumers

• Decreased inflation

What is one of the key reasons for the strong performance of metals like copper and iron ore?

• Decreased global demand

• Lower production costs

• Increased mining activities in Europe

• Supply disruptions and strong Chinese demand

What is the expected trend for iron ore prices by the end of the year?

• Unpredictable fluctuations

• Significant increase

• Stability

• Downward pressure