Yingxi Yu Quotes
We have not seen evidence of good physical demand at lower levels. Prices have been primarily driven by funds and, therefore, are vulnerable to sell-offs, should funds decide to exit the market. 
Tweet
Evidence | Good | Physical | Demand | Levels |
comments powered by Disqus
A weak dollar has been the key supportive theme recently, while the surrounding geopolitical backdrop is adding to the support.
- Yingxi Yu
Price dynamics in gold next year will continue to be largely determined by speculative interest, backed by a myriad of justifications like inflationary risks, energy-price led economic slowdown, expectations of a US dollar correction, soaring physical demand, supply-side constraints, hopes of large scale central bank buying and so on.
- Yingxi Yu