“The power of the greenback, the place charges are, the place actual charges are within the Western markets – that could possibly be the catalyst to deliver the Western investor again so as to add allocations to gold,” Cavatoni mentioned final month throughout the Rule Symposium in Boca Raton, Florida.
Even with excessive metallic costs, demand for jewelry stays elevated, particularly in key markets akin to India and China, he mentioned. Additionally, central banks proceed to indicate sturdy curiosity in gold as a haven from world financial challenges.
Watch the total interview with The Northern Miner’s western editor, Henry Lazenby.