Gold: never say never

The talks that the Fed can follow the way of the BoJ and the ECB increase the demand for gold

Increased demand for the US dollar weighs on gold. The issue of the US-China trade war hasn’t been settled down, and the risks of the second wave of the pandemic and the long time it should take the global GDP to recover increase the demand for safe-havens. The market is scared, and it for the first time bets on the Fed’s rate cut below zero. According to the FOMC officials, this scenario is either extremely unlikely or impossible. However, investors…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>