Citing the expansionary monetary policy being followed by most Central Banks, Japan’s policy becoming significantly more so following recent announcements, and the Mario Draghi statement yesterday which emphasised the downside risks to the Eurozone economy and implied further extension of the ECB easing programme, Germany’s Commerzbank analysts see gold as being in strong demand in the short to medium term.
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Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.