Saxo Group Videos

Videos Channels Search

Bonds bombing, shares slipping, so why isn’t gold shining?

Gold is the traditional safe haven for investors, but no one seems to be interested in taking shelter at the moment. Saxo Bank’s Ole Hansen explains why this may offer a golden opportunity to get into the market.

According to Hansen, gold needs a spark to escape the current range of around USD 1,200. While the ongoing talks between Greece and its creditors are offering support to gold, other factors are proving to be a drag. Among these are the possibility of a rate hike from the US Federal Reserve and a booming Chinese stock market.

That said, Hansen believes gold prices are set to rise later in the year and sets out his year-end target.

03:53 minutes
Tags: american eagle, american eagle coins, china, china investors, china stock market, china stocks, chinese stock market, commodities, commodities 2015, commodities gold, commodities markets, commodities prices, commodities trading, commodity, commodity gold, commodity index, commodity investing, commodity investments, commodity market, commodity markets, commodity outlook, commodity prices, commodity strategy, commodity trade, commodity trading, gold, gold 2015, gold buy, gold buying, gold commodity, gold demand, gold investing, gold investment, gold levels, gold predictions, gold price, gold support, gold trade, gold trading, goldprice, greece crisis, greece debt crisis, greek debt talks, hansen, interest rates fed, ole, ole hansen, ole hansen commodities, ole hansen saxo, ole s hansen, ole saxo, olehansen, oleshansen, rate hike us fed, retail investors, saxo, saxo bank, saxo bank commodities, saxo bank group, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, trade, trade idea, trade ideas, trade view, trader, traders, trades, trading, trading commodities, trading floor, trading gold, trading idea, trading platform, trading risks, trading strategy, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom, us federal reserve, us federal reserve monetary policy

Switch to