What potential impact could easing restrictions on travel have on the broader Asian market?
Gold May Rise to Record in Not-Too-Distant Future, ANZ Says
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The video discusses market sentiment influenced by tighter monetary policy and China's role as a growth driver in 2023. It highlights strong domestic travel in China and potential impacts of OPEC supply cuts on the commodity market. The outlook for industrial demand remains cautious, while energy markets show potential growth. The easing of travel restrictions is expected to boost demand in the Asian market. Gold is seen as benefiting from financial risks, with potential for record highs as macroeconomic issues persist.
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How might the dynamics between gold and other risk assets change if the macro backdrop improves?
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