Wolf: Currency Weakness, Intervention Lift Gold Flows
Share
Gold has been up around 14% in August, bullion given fresh impetus by the US Treasury's unexpected intervention in the bond market. Guy Wolf, Global Head of Market Analytics at Marex spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the reason that is helping gold rise.
More from Australia
American Tungsten completes Nexus acquisition for Pinnacle MOU
Butn extends MYOB invoice financing agreement to 2027
Celsius Resources updates market on US$5M dispute
Estrella Resources signs sales deal for 27,000 tonnes
McPherson's reports $20.3M full year net loss
Novatti reaches €1.2B quarterly transaction volume