World Gold Council Representative John Reade interviewed by Bloomberg on gold holds nearing record highs

Date Posted:Wed, 27th Mar 2024

World Gold Council Representative John Reade interviewed by Bloomberg on gold holds nearing record highs

"A big increase in central bank purchases from the middle of 2022 has put a real floor under the price and has allowed gold to shrug off the strong US dollar and high interest rates that normally would have put gold under pressure," said Market Strategist John Reade on Bloomberg Daybreak this morning.