Gold to Attract Investors When Falls Below $1,250, StanChart Says

The video discusses the expected market dynamics for gold in Q2, highlighting key price levels such as 1280 and 1250. It examines the inverse correlation between the dollar and gold, noting its weakening since 2016. Despite geopolitical tensions, there has been limited safe haven buying in gold, with more localized buying observed. The market is closely tracking the dollar, impacting gold's performance.

What is the key technical support level for gold mentioned in the first section?

• 1250

• 1200

• 1300

• 1280

How many rate hikes are expected for 2018 according to the first section?

• Two

• Three

• Four

• Five

What phenomenon is discussed in the second section regarding the dollar and gold?

• Direct correlation

• Inverse correlation

• Random correlation

• No correlation

Which geopolitical event is mentioned as having a localized impact on gold demand?

• Trade War

• Sanctions in Iran

• US Elections

• Brexit

What has been the market's response to geopolitical tensions according to the third section?

• Increased safe haven buying

• Broad-based investment demand

• Localized buying

• Decreased gold prices