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Central Banks' Gold Rush Intensifies

From goldbroker.com

Gold is attracting growing interest in an international environment marked by multiple challenges and a climate of permanent uncertainty. Progressive de-globalization and contemporary societal aspirations also accentuate the importance of an independent asset, subject to no authority. Finally, while the new world is slow to emerge, it is mainly the central banks of the "Global South" that are buying gold. This is a clear sign of profound change, at a time when many powers are seeking to modify the international financial system. At the start of this year, central bank demand for gold remains very strong. In January, ... (full story)

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  • Category: Fundamental Analysis