bullish
Gold's Next Leg Up And Why It Matters
914 Views01 Apr 2024 14:23
The price of gold is now asymmetric. Demand is supported by central bank buying and increasingly retail interest in countries like China. Higher inflation and negative real rates will provide support
Boomeranged on Fri, 17 May 2024 10:05
China continues to buy gold while it sells US treasuries at a record pace. In the first quarter, China sold $ 53B or US treasuries and agency bonds, a record. Meanwhile the share of gold in China's reserves has climbed to 5% which leaves much room to grow more. April saw the central bank's 18th consecutive month of gold buying. In addition, retail demand for gold in China continues unabated.
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 7-minute read)
Discussions
(Paid Plans Only)
Top Quartile
David Mudd
Asian Hedge Fund Manager, Long Short Equity, Macro
- US Employment Report Superficially Strong Again08 Apr 2024
- Baba's Babies: Co-Parenting Works! Zhong An Online P&C Insurance04 Apr 2024
- March Themes and Thematic Portfolio Review02 Apr 2024
- 2024 High Conviction Idea -Why the Time Is Right for Gold Miners07 Dec 2023
- Starting to Glitter (Luk Fook Holdings 590.HK)04 Dec 2023
x