StanChart's Cooper Sees Gold Surpassing $2K in 2021

StanChart's Cooper Sees Gold Surpassing $2K in 2021

Assessment

Interactive Video

Business

University

Hard

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The video discusses the expected rise in gold prices, predicting they will surpass $2000 per ounce, driven by factors such as dollar weakness, negative real yields, and accommodative monetary policy. The first half of the year is expected to see most gains, with additional support from physical buying during the Lunar New Year and increased investor allocation. The video also highlights past trends and the impact of vaccination rollouts on the market.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected price of gold per ounce in the first half of the year?

$1800

$2000

$2500

$1500

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which macroeconomic factor is NOT mentioned as supportive for gold prices?

Accommodative monetary policy

High unemployment

Negative real yields

Dollar weakness

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the peak price of gold last year before it declined?

$1500

$1900

$2100

$2500

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which event is mentioned as providing physical market support for gold?

Christmas

Lunar New Year

Thanksgiving

Easter

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key reason for the expected continued allocation into gold?

Stable currency values

Rising interest rates

Materializing inflation risks

Decreasing inflation risks