Monthly Precious Metals Report
(Feb 2017)Source: ScotiaMocatta
The rebound in Gold prices has turned into an upward trend that is
developing well - given significant geopolitical uncertainty ahead, we
remain bullish for Gold.
- Once again, Gold prices have managed to rally after a US
interest rate rise and in the shadow of a generally hawkish Fed.
- Geopolitical uncertainty is expected to remain a consistent
theme in 2017 because of the unpredictable US administration,
Brexit and European elections.