Monthly Precious Metals Report
(Jun 2017)Source: ScotiaMocatta
Gold prices are rallying as demand for safe-havens has picked up on the
back of political / geopolitical issues and as physical demand is showing
some signs of recovering.
- Numerous political loose ends are concerning markets - these
include uncertainty over President Donald Trump's
statesmanship, the UK election, and its implications for the
upcoming Brexit negotiations.
- Many cross currents are also affecting the financial markets and
the global economic outlook, which could lead to further riskoff