Key trends to watch as we conclude 2019
“As we look ahead to 2020 we believe investors will face an increasing set of geopolitical concerns, while many pre-existing ones will likely be pushed back rather than being resolved. In addition, the very low level of interest rates worldwide will likely keep stock prices high and valuations at extreme levels. Within this context, we believe there are clear reasons for higher levels of safe-haven assets like gold.”
USAGOLD note: We alluded to this study in yesterday’s DMR and repost it here for those who may have missed it. The Director of Investment Research at the World Gold Council offers his take on the prospects for gold demand in 2020.
Chart courtesy of World Gold Council