Gold is adding to its recent gains again here in Asia during the opening session to the week.
Just noting a snippet from a Bank of Montreal analyst, noting that that there is both subdued levels of physical demand and central bank buying, "there's very little reason to sell", citing:
- unprecedented fiscal and monetary policy support
- deteriorating relations between the US and China
Commerzbank:
- chaos and confusion prompting gold buying
- add that moves from more speculators to jump on the band wagon would see qa quick rise to USD 1800
As I post silver getting a spurt higher
