Germany Bank: it is expected that investment demand for gold will increase again

Reports of the KITCO, gold gained us $1177.80, since the near 10-month lows. Germany commercial bank analyst said: "under the influence of a number of risk factors, dollar value, rising bond yields (for gold) of resistance should be weakened, and that investment demand should start to increase again. In addition, the demand for gold in Asia should increase again.

 "Demand for gold in Asia this year could be lower (gold) prices, India rural population income India end of the rainy season increased and improved ... (Investment) monetary policy and market expectations, the dollar, bond yields, stock and investor appetite for risk are closely related.

 "Our foreign exchange and fixed-income analysts expected in 2017 the dollar continued though moderate rise, bond yields rose modestly, side resistance should gradually disappear with gold. In addition, the inflation rate rise should give real interest rates remained low, and it's important for gold. West ultra low or negative real interest rates and ultra-loose monetary policy and rising inflation suggests that (gold) will again increase in investment demand, but may not be able to come to 2016 levels in the first half. 」