Since the start of 2016, gold has benefited from a resurgence in safe-haven demand on the back of global financial market woes. While the gold price could fall back a bit if, as we expect, the Fed hikes rates later in the year, strong buying from both consumers and central banks in emerging economies, coupled with supply cuts, should offer solid support. In this Precious Metals Watch, we discuss the current state of the gold market and analyse trends in supply and demand that will be an important driver of prices in 2016.
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