Trading strategies for Gold and Aluminum by Bhavik Patel of Tradebulls Sec

Low interest rate is also making gold an attractive bet. We might see inflation coming up in 2021 so that will also be another positive factor for gold

In 2020, gold prices were up by about 27 per cent while silver gained around 50 per cent. The Georgia runoffs will present the next key risk for gold and risk trades in general. Weakness in the US dollar continues to push gold prices higher. Low interest rate is also making gold an attractive bet and in 2021 we might see inflation coming up so that is also another positive factor for gold. Gold hit seven week high on Monday. The importance of today's gains has to do more with follow-through buying after a stellar performance yesterday, rather than traders