Stock markets are showing an optimistic mood. This phenomenon is justified by the gradual resumption of economic activity in the leading countries of the world, which in itself should negatively affect the value of protective assets, including gold.
However, FED Fund futures have negative returns, and investors believe that interest rates will be extremely low until 2021. In addition, some experts argue that the lifting of quarantine measures was initiated too early, and that COVID -19 has every chance of re-hitting the global economy. Together with the quantitative easing carried out by Central banks, investing in gold is still an actual trend, which of course will have a positive impact on the value of the yellow precious metal.
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