Gold to Rise to $1,650 by 2Q 2020: UOB Private Bank

The video discusses setting a new economic target of $1650 per ounce by the second quarter of 2020. It explains the late stage of the economic cycle, where central banks cut interest rates, leading to a search for safe investments. Due to low inflation, investors are focusing on safeguarding their assets, particularly through gold, as interest rates decline.

What is the new target price for gold by the second quarter of 2020?

• $1500 per ounce

• $1650 per ounce

• $1700 per ounce

• $1800 per ounce

What is the economic context discussed in the video?

• Early stage of economic cycle

• Mid stage of economic cycle

• Late stage of economic cycle

• Recession stage of economic cycle

What typically happens when central banks cut interest rates?

• A renewed search for investment opportunities

• Inflation increases

• Economic growth slows down

• Interest rates rise

Why are investors particularly interested in gold during this period?

• Interest rates are increasing

• Gold is a safeguard against inflation

• Gold prices are falling

• Gold is a safeguard when interest rates are low

How does the lack of inflation affect investor behavior?

• Investors focus on safeguarding their investments

• Investors look for high-risk investments

• Investors avoid gold

• Investors increase spending