Why Gold Prices Continue to Break Records

HSBC Chief Commodities Analyst James Steel discusses the gold market's latest surge, particularly in China and India, as geopolitical risks swirl around other areas of the broader market. James speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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[@MrTyS1776]

You can’t have 34trillion in US debt and not start getting a high gold price!!

[@praveenspike]

The amount of gold purchased and investing in gold in India by individuals has far exceeded than the expectations. Half on the Indian population are investing in gold, as we know the future.

[@matt3935]

Not just Indian. I think everywhere except the Western world.

[@jccapitalmgmt5044]

Well said 👌

[@Freedomofspech57]

Clean water will be the future currency

[@MarkMphonoman]

It’s about time Gold is getting the attention it deserves.

[@user-xp5yu3tt2g]

People start realize that fiat currency becomes worthless through time and the ultimate store of everlasting wealth is gold.

[@ahmedalsharman]

From all the Gold analysts out there Bloomberg brought a guy who *doesn't know or understand how to value Gold* .. pathetic

[@PAK.77]

They tend to speak from script and half truth

[@dougiep2769]

Can answer that in one word....trust....they lost it it fails.

[@jodystrumila8665]

Some people are hedging against their currency. Put up a 10yr in CAD .

[@MerylBeth]

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[@Karen-jz5jp]

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[@MerylBeth]

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[@Karen-jz5jp]

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[@MerylBeth]

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[@barbasnabb]

Gold is not moving; its the dialuted Fiat that is sinking.

[@HappyHermitt]

They were buying from Perth mint.

[@rubenshanm5110]

If bitcoin so little and expensive why gold is so cheap is that the real value of the metal

[@ahmedalsharman]

Western Investors don't hold any Gold & there ETF is at 5 years low . So this rally is mainly come from the Asian & Middle Eastern People.

[@Practicalinvestments]

It’s been that way, in my opinion this is just the real price showing, they have been stifling the price of gold for years now to prop up the US economy and their global market dominance they can just no longer keep pushing the price down

[@gustavoenriquelopez8463]

Te best saludos desde las salvajes pampas de Rgentina

[@ibberman]

Wonder what he's smelling. And what's wrong with Krugerrands?

[@SaSa-fs8sb]

Can't understand him at times

[@philipsigglekow7828]

BS safe haven Bahahahaha

[@credera]

and why?

[@davidkennedy8929]

Silly comment without any explanation!

[@philipsigglekow7828]

They have been selling this snake oil for years … get a one ounce gold coin walk down the street and try and sell it … u r full of BS …

[@HatsuneMiku-lk5ii]

@@philipsigglekow7828 You would easily get 1600 for that 😆😆😆😆😆😆

[@DistrustHumanz]

​@@HatsuneMiku-lk5ii If you get $1600 for an ounce of gold that is currently worth $2300, then you just made his point.

[@permaconscious7366]

Then why the price of silver is soaring too and other precious metals all together? Scrap off the Chinese gold buying spree crab. It is based on the general fear of inflation because the market does not believe, have no respect on Fed ability to control inflation.

[@siiwok]

buy DGP NEM AGQ