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Why Mounting Pandemic And Vaccine Concerns May Create A Surge In Gold Prices - FinancialNewsMedia.com News Commentary PALM BEACH, Fla., Jan. 6, 2021 /PRNewswire/ Many reports on The Street feel that, with the gold price rising to new heights amid the coronavirus pandemic, a shakeout upon the arrival of a vaccine was inevitable. Still, the intermediate-term outlook for gold stocks and the gold price looks reasonably bright, because Fed policy is likely to remain ultra-easy for years to come, while policymakers test their new conviction that inflation is no longer a threat. Yet clarity on the near-term outlook for the gold price and gold stocks may wait until the Fed s Dec. 16 policy update, which could bring a change in its asset-purchase program. The Jan. 5 Senate runoff elections in Georgia also might serve as a positive catalyst for the gold price and help gold stocks regain lost luster. But, depending on the outcomes, they also could serve to deepen negative sentiment. A CN

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