Gold Looking at Significantly Higher Levels in Long-Term, Says Saxo Bank’s Hardy

The video discusses the recent trends in the gold market, highlighting the impact of Chinese buyers' inactivity and the steepening yield curve on gold prices. It explores the outlook for gold, considering factors like real interest rates, the dollar's strength, and financial repression. The discussion shifts to the Swiss franc, examining its behavior as a haven currency amidst market fluctuations and its correlation with the Japanese yen. The video concludes by noting the early stages of interesting developments in the FX market.

What factors have contributed to the decline in gold prices over the last six years?

How has the steepening of the curve affected the price of gold?

What is the significance of the key level 1484/1485 in the context of gold prices?

What are the potential risks associated with negative real rates for gold?

Discuss the relationship between the Swiss franc and the euro in the current market context.