Analysis of Gold for October 27,.2020 – Contraction on the Gold and potential for the breakout

Eurozone September M3 money supply +10.4% vs +9.6% y/y expected Latest data released by the ECB – 27 October 2020 Prior +9.5% Slight delay in the release by the source. Broad money growth continues to swell, with the annual change reflecting the biggest jump since December 2007. Meanwhile, loans to households also increased to +3.1% […]