HSBC FX Strategy Head Maher: Gold Bear Is Over

The transcript discusses the dynamics of the gold market, focusing on its role as a safe asset amid economic uncertainties. It explores gold's relationship with inflation, its appeal in low-yield environments, and its market position. The conversation highlights the absence of a specific price level indicating a market crisis, emphasizing the need to recalibrate perceptions of normalcy in financial markets.

What factors are influencing the current perception of gold as a safe asset?

How does the discussion of negative yields relate to the value of gold?

What role does inflation play in the demand for gold according to the text?

In what ways does the physical demand for gold impact its market dynamics?

What is the significance of the current gold price mentioned in the text?