ChrisMayLA6 , #Gold is often seen as a refuge from #economic turmoil, so what do we make of two groups buying sprees that are supporting the current $2,000 gold price?
Central banks' demand for gold is currently high & this is compounded by a major shift by #investors & private individuals in #China which has seen demand for Gold greatly exp[and in the last year.
It may be just one more sign that the mid-2020s are going to be a rough time for many of us....
h/t FT