| Gold may not rally strongly until there is more clarity on Europe, said TD Securities (TDS) in a commodities briefing. TDS is the global wholesale banking arm of Toronto-Dominion Bank Financial Group.
According to TDS, in recent years, the metal tended to be sold during systemic uncertainty when investors need liquidity to cover other positions and margins. Often, gold may have been the only asset that had bids and a relatively stable price...............................................Full Article: Source
|