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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Lunar New Year in relation to gold prices?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did investor allocation into gold start the year according to the text?

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