SaxoTV

Gold finishing quarter on a high but where next: Hansen

961 views
March 30, 2016 bond, bond buying, bond market, bond markets, bond yields, bonds, bonds market, bonds update, commodities, commodities gold, commodities markets, commodities prices, commodities supply, commodities trading, commodity, commodity gold, commodity index, commodity investing, commodity investments, commodity market, commodity markets, commodity outlook, commodity prices, commodity sector, commodity strategy, commodity trade, commodity trading, commoditymarket, dollar, dollar index, dollar outlook, dollar strength, dollar trading, fixed income, gold, gold buy, gold buying, gold commodity, gold demand, gold dollar, gold exchange, gold future, gold investing, gold investment, gold levels, gold market, gold predictions, gold price, gold spot, gold support, gold trade, gold trading, goldprice, janet yellen, janet yellen rates, negative interest rates, negative rates, precious metal, precious metal prices, precious metals, saxo bank, saxo tv, saxotv, trading, tradingfloor.com, us, us dollar, us economy, usa, usd
Following the consolidation in gold, the precious metal has enjoyed a strong rally, notes Saxo's Ole Hansen. Tuesday's big bounce was down to the dovish comments from the Federal Reserve's Janet Yellen. Her more cautious note on future rate hikes also helped weaken the US dollar, boosting gold.

Hansen discusses where gold could go from here and what levels to look out for.