Gold: There’s very little reason to sell – BMO
|Analysts at Bank of Montreal (BMO) are out with their outlook on gold, given its last week’s upsurge to fresh multi-year high above $1750
Key quotes
“There is both subdued levels of physical demand and central bank buying.
However, there's very little reason to sell, citing:
Unprecedented fiscal and monetary policy support.
Deteriorating relations between the US and China.”
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