Joe Cavatoni: Gold's Run Not Over, Eastern Markets Driving Price

Joe Cavatoni breaks down ‪@worldgoldcouncil‬'s latest gold demand trends report.
Aside from key factors like investment demand and central bank buying, he highlighted differing sentiment in the west and east.
"This is an interesting time. Right now the price has been impacted less so by the expectation of US rates and the US dollar, and more so by the geopolitical and overall outlook for investment in the Asian markets, the eastern markets. And that's actually done a real shift in the overall sentiment amongst investors worldwide," Cavatoni said.
This interview was filmed on April 29, 2024.
#Investing #Mining #Gold
0:00 - Intro
0:29 - Gold's price action in 2024
1:59 - Eastern vs. western sentiment
5:31 - Gold bar and coin demand
8:59 - Central bank buying still strong
13:46 - Tech demand and mine supply
16:55 - Gold demand and US election
18:41 - Outro
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[@HML-it7te]

Always THE best guests. Fast becoming a favourite channel of mine:)

[@hayleyfassnidge1812]

Gold and silver are real money! Thanks, Charlotte.

[@danoneill2846]

Many Thanks !

[@steveporritt1550]

excellent interview Charlotte, you ask intelligent questions & then let the interviewee answer them without interrupting them.

[@Mauitaoist]

Actually silver is a better conductor of electricity than gold but gold doesn't tarnish so if you gold plate the silver connector you have the best available

[@briangranger1741]

Agnico Eagle Mines Ltd

[@btrue2day]

Some etf outflow into physical