By Ole Hansen Hedge funds and oil traders in general have had a difficult quarter, particularly given the Opec/non-Opec production cut deal’s failure to boost prices. The outlook for gold, however, is more bullish given geopolitical uncertainties and policy risks. “We maintain a bullish outlook for gold in the belief that the risk to the
By Hussein Sayyed Since the day that President-elect Donald Trump unexpectedly won the U.S. elections, the sliding gold price has signaled an unanticipated risk on investor mood. Instead of money flowing to safe-haven investments like gold, it appears that the markets are instead taking confidence from the end of uncertainty over who will lead the U.S.
By Ole Hansen In gold we trust. At least up until the election. Precious metals gain on election fears, but oil and gas hammered We still believe that Opec will reach a deal of some sort Bloomberg commodity index had its worst week in four months Zinc hits a five-year high as Chinese data improves Cost