Russian And Chinese Central Banks Bought Over $90 Billion In Gold Over Past Ten Years

2017 could be an interesting year for metals. Gold and Copper, which have a correlation to one another, also have divergent core performance drivers. Copper is traditionally tied to economic strength while gold is considered more of a safe haven asset. Both are considered hedges for inflation to various degrees. These performance driver differentials could become apparent as a Trump administration engages in tough talk with China and pushes for fiscal stimulus. Credit Suisse, for its part, has nuanced if muted 2017 price forecasts for both metals.

Gold outlook is gradually higher prices, but Trump effect is too unpredictable to handicap

Credit Suisse is...