Gold Hitting New Record Highs – This Is What’s Really Driving the Price
From youtube.com/kitcoGold is hitting new record highs, breaching the $2,300 an ounce level, but what’s really driving prices higher? Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, talks to Frank Giustra, CEO of Fiore Group, as part of the Kitco Insights Interactive Mining Titans’ Power Panel. Giustra weighs in on some contradictions in the gold market, stating that the West no longer controls the price of gold due to the amount of the physical precious metal in the East.