In 2010, global demand for gold reached a 10 year high in tonnage and an all time high in value. TD's Head of Commodity Strategy, Bart Melek, discusses the key factors that are supporting the strong demand for precious metals and shares his outlook for the price of gold and silver.
In the video, Bart Melek discusses the following:
- What are the key factors driving the demand for gold?
- How does gold perform in times of uncertainty?
- What's your outlook for the price of gold?
- Why is the Gold/Silver ratio trending lower and what's the outlook for silver?
- What role can precious metals play in a portfolio?
You may watch the video by clicking here, or on the image below:
About Bart Melek:
Before joining TD Securities Bart was a Global Commodity Strategist at a major Canadian Financial Institution for over five years where he was responsible for analyzing and forecasting commodity, industry and global economic trends.
He was also a Senior Economist and Senior Analyst in Treasury and Risk Management at another major Canadian chartered bank.
Bart holds a masters degree in economics from York University, with a Specialisation Certificate in International Finance/Banking.
Source: TD Waterhouse
